International Conference on Eurasian Economies
4-5 November 2010 – Istanbul, TURKEY
Paper detail
Paper ID : 209
Status : Paper published
Language : English
Topic : Natural Resources and Environment
Presenter:
Session : 4C Energy
The Role of Turkey in the Energy Supply of EU: A Cost and Benefits Analysys
The Role of Turkey in the Energy Supply of EU: A Cost and Benefits Analysys
- Assoc. Prof. Dr. Abdulkadir Develi (Ankara Yıldırım Beyazit Üniversitesi, Türkiye)
- Prof. Dr. Ahmet Ay (Selçuk University, Türkiye)
- Prof. Dr. Zeynep Karaçor (Selçuk University, Türkiye)
Abstract
EU does not have adequate energy resources when it is compared with its grant amount of energy consumption.. Russia is one of the most important traditional suppliers for the EU and is trying to maintain its position in the future. Russia sometimes use energy as political tools as it seen in example of Ukraine Crises. So, diversification of energy resources of EU will provide more competitive energy supply and it strength energy security of EU. Therefore, EU needs to regional cooperation for energy diversification. Caspian region is energy rich region. Therefore Turkey’s strategic location makes it a natural "Energy Bridge" between the major oil producing areas in the Middle East and Caspian Sea. This paper tries to examine costs and benefits analyzing between Turkey and EU aspects of energy cooperation. These costs and benefits analyzing also include projects that are under the construction or still project process. Turkey has some benefits from this process. Because pipelines that provide energy to Europe passes though Turkish boundary and Turkey collect transportation fee from these pipelines and also EU has support these project financially. This is also contains cost for EU.
JEL codes: Q41, Q42, Q43
Develi, Abdulkadir, Ay, Ahmet, Karaçor, Zeynep (2010). "The Role of Turkey in the Energy Supply of EU: A Cost and Benefits Analysys" in Proceedings of International Conference of Eurasian Economies 2010, pp.289-294, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C01.00209
