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Article: TURKEY - Regional P/Ls.
- Article from:
- APS Review Gas Market Trends
- Article date:
- May 5, 2008
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Turkey calls itself "Eurasian gateway" to the Turkic world. With US support but in competition with Russia and Iran, it has been promoting oil and gas pipelines from Central Asia to Western markets. It is trying to revive the old role of Anatolia as a corridor for East-West trade, an extension of the Silk Road which declined in importance after the industrial revolution in the 1800s.
Only one of the proposed oil pipelines, with a capacity of 1m b/d of Azerbaijan's crude oil from Baku to Ceyhan from late 2005, has been built as planned and this is backed by the US. One of the proposed gas pipelines, the Blue Stream, began to supply Turkey with Russian gas in April ...