Europe eyes Turkey as an energy supplier

Turkey's proximity to the Caucasus, Central Asia, the Middle East and Europe makes the country an ideal center for energy distribution. Since the outbreak of the current political crisis in Ukraine, the country has come to the top of the list of strategic partners for Europe when it comes to importing oil and natural gas.

Turkey's economy grew by nearly 10 percent in 2010 and 2011. It has a young population - average age = 28 - which adds to the country's dynamism.

Turkey is currently working on multiple projects to diversify its regional energy supplies. For one, there is the southern gas corridor, intended to transport natural gas from the Caspian Sea and Middle East to Europe without crossing Russia. The southern gas corridor is to be served by the Trans-Anatolian gas pipeline (TANAP), which aims to transport natural gas from Azerbaijan through Turkey and into Europe.

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Article source Deutsche Welle - Germany’s international broadcaster
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