Ties that bind in Turkey
Energy and economic interdependence between Turkey and the KRG will transcend political crises
From the air, the extent to which Istanbul is pushing ever outwards becomes clear. The barren hills and wasteland have become construction sites for countless clusters of high-rise apartments buildings. Closer to the airport, tankers unloading petroleum products are a reminder that the oil and gas required to meet the demands of a swelling population must be imported, with 29% of Turkey's oil coming from northern Iraq. This overwhelming reliance on imports (99% for natural gas and 90% for oil) is a matter of concern for the government. No surprise, then, that energy minister Berat Albayrak, unveiling a new strategy for the sector, says one of the goals is to "decrease the country's dependenc
Also in this section
11 October 2024
Industry investing in significant pipeline infrastructure to further improve the efficiencies of its network and cut costs
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
10 October 2024
Either Donald Trump or Kamala Harris will enter the White House as president in January 2025, and the gulf between their energy and climate policy agendas will have global implications