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Thinking Beyond TAP: Turkey’s Role in the Southern Energy Corridor 1 décembre 2013

Posted by Acturca in Energy / Energie, EU / UE, Turkey / Turquie, Turkey-EU / Turquie-UE.
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IAI Working Papers  (Istituto Affari Internazionali) No.1332, 29 Nov 2013,14 p.

by Fatih Özgür Yeni *

Energy security is one of the hot topics on the European energy agenda. The EU’s Southern Energy Corridor initiative is an attempt to reduce dependence on Russian supplies by tapping into Caspian and Middle-Eastern natural gas resources. Turkey, who also aspires to be a regional energy hub, has emerged as the key country in the Southern Corridor. Although the TAP project in its current state satisfies neither Turkey’s energy hub ambitions nor the EU’s resource diversification efforts, it may serve as the first building block of the Southern Corridor. There are promising developments in the region that can increase volumes and add new routes to the initiative. Private companies have already shown their interest in developing a pipeline infrastructure for possible South-East Mediterranean and Northern Iraq natural gas exports but complex geopolitical issues pose the greatest threat to the way ahead. Thanks to its unique location, Turkey is destined to be one of the key players in the Southern Corridor. The convergence of Turkey’s energy hub ambitions and the EU’s energy security objectives present mutual gains, but also demand sustained collaboration between the two in light of several technical, legal and political hurdles.

* Fatih Özgür Yeni has been visiting researcher at the Istituto Affari Internazionali (IAI), and works as energy expert in the Energy Market Regulatory Authority of the Republic of Turkey (EMRA).

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