Energy

Turkey Energy 2012
While the country has been poor in many energy resources, Turkey’s geography has been central to its economic success. To better leverage this advantage, the government is working with the private sector to make Turkey central to the transit and storage of natural gas and petroleum resources. Electricity demand steadily increased at about 8% per annum, and this is driving the formulation of policies that will see Turkey increase production from renewable resources. As energy resources constitute a significant portion of total imports, driving up the current account deficit, the government is also launching efforts to see domestic resources become a greater share of the energy mix. The Energy chapter contains interviews with Taner Yıldız, the Minister of Energy; Alexander Medvedev, the Director General of Gazprom Export; Tony Hayward, the CEO of Genel Energy; and Rovnag Abdullayev, the President and CEO of SOCAR.
Cover of The Report:Turkey 2012

The Report

This chapter is from the Turkey 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Taner Yıldız, Minister of Energy and Natural Resources
OBG talks to Taner Yıldız, Minister of Energy and Natural Resources