Turkey has one of the largest energy markets in Europe. The significant growth in its economy, population, urbanization, and industrialization. The average annual increase rate in 1990 is 4.6 percent. 1 The annual energy need of the country is envisaged to double in 10 years and to grow annually by 4.5 percent until 2030. 275 percent of its energy requirements. Turkey needs to import around 98 percent and 90 percent of its gas and oil supplies, respectively. Although some volatility has been seen in the oil and gas imports, Turkey's oil and gas imports have been increasing in parallel.