Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Turkmenistan, Turkey and Iran in gas triangle
The new agreement for Turkmen gas exports via Iran marks another step in Turkey’s efforts to become regional gas hub but may have limited benefits for Tehran
Turkey shows Europe its gas hand
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
Turkey’s grand gas hub plan, part 2: The Russia question
The EU may be officially phasing out Russian gas, but in reality there remains potential for Turkey to help Moscow repackage its molecules for westward transit
Turkey’s grand gas hub plan, part 1: Caspian commitments?
The country is looking to position itself as a bridge for gas supplies from east to west, but whether Europe will need this gas remains to be seen
East Med gas producers show caution and commitment
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
Outlook 2024: Uncertain outlook for East Med
The geopolitical risks of the East Med could affect regional energy integration and global markets
Karpowership charts unique course
The floating power station specialist discusses its plans in South Africa and elsewhere
Shifting sands alter balance of power in Middle East
The region’s political situation and internal relationships are changing amid the growing influence of Russia and China
Energean’s Rigas says gas strategy tied to East Med energy security
CEO warns Russia shock may have changed Europe’s energy dynamic forever as company focuses on significant demand from Israel, Egypt and beyond
Turkey Greece Eastern Mediterranean
Gerald Butt
17 May 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Turkish resentment sours East Med gas mood

A municipal election setback for Turkey’s governing party could trigger a more aggressive energy policy towards Cyprus

Turkey feels increasingly like an outsider on the East Mediterranean natural gas scene and is not happy about it. And a surprise threat to president Recep Tayyip Erdogan's grip on power may encourage him to do more about it to distract from the domestic agenda. Several developments have contributed to Turkey's mood. Firstly, Ankara insists that the Republic of Cyprus has no right to explore for or develop offshore hydrocarbon resources while the island remains divided and the Turkish Cypriot community in the north is excluded from the process. Moreover, Turkey does not recognise Cyprus' economic exclusion zone (EEZ), in part because it claims that the EEZ infringes part of Turkey's continent

Also in this section
Trump creates new risk dynamic
13 June 2025
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
Saudi Arabia and Russia pull OPEC+ in different directions
13 June 2025
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
Energy NL upbeat on Newfoundland despite industry doubts
13 June 2025
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Iraq seeks alternatives to Iranian gas
13 June 2025
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search