Independent and cutting-edge analysis on Turkey and its neighborhood

 

Turkey’s impressive economic growth has been fueled by soaring energy consumption which is likely to continue over the years to come. However as Turkey risks to increase its current account deficit by five billion dollars with each ten dollars added to the current price of oil, its import-reliant energy bill is becoming unsustainable. Assessing domestic challenges against emerging regional and international opportunities, this article will argue that Turkey can secure more profitable terms for its fossil fuel imports, providing it reconsiders its foreign policy options. In this context, a politics of engagement with northern and southern Iraq may help Ankara gain greater strategic lever in its relationship with traditional oil and gas suppliers, such as Russia, Iran, and Azerbaijan.
 
 
CONTRIBUTOR
Aura Sabadus
Aura Sabadus
From the Desk of the Editor TPQ’s Summer 2018 issue marks the 11th annual edition that we are publishing with the support of NATO’s Public Diplomacy Division. This long-standing partnership has helped TPQ in its efforts to feature nuanced and diverse opinions on the security policy challenges facing Turkey, the region, and the transatlantic community. Over the years, we have had the privilege of bringing the...
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