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This article aims to explore the real potential of Turkey to become a regional natural gas hub by focusing on the current situation of gas producing countries around Turkey, and then moving to the future prospects of gas cooperation in the region. To this end, the article provides an assessment of both the current situation and future outlook of gas markets in Azerbaijan, Turkmenistan, Iraq, Iran, Israel, and Cyprus, subsequently providing a discussion of the future prospects of the Southern Gas Corridor and the potential Eastern Mediterranean Gas Corridor. This analysis demonstrates that Turkey will difficulty become a regional gas hub in the medium term (up to 2020-25), while it could have the potential to play an important role in the regional gas markets in the longer term (after 2025-30). This longer term potential can be realized if a number of infrastructural, commercial, and political barriers are overcome and if the EU gas demand recovers.

 

CONTRIBUTOR
Simone Tagliapietra
Simone Tagliapietra

Simone Tagliapietra is a Research Fellow at Bruegel, a Brussels-based economic think tank; an Adjunct Professor of Global Energy Fundamentals at the Johns Hopkins University SAIS Europe in Bologna; and a Senior Researcher at the Fondazione Eni Enrico Mattei research institution in Milan.

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Foreword How much time is twenty years? Long enough to inspire, or short enough to be unnoticeable? Turkish Policy Quarterly (TPQ) was published for the first time in February 2002. We are celebrating its 20th anniversary with this issue. While much has changed since then, we believe the values that guide TPQ are as relevant and important as ever. There was then and there is now a chance for us all to...
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