Bud E. Fackrell

With increasing energy consumption from emerging economies, there will be a growing need for new fossil fuel resources and transportation routes, despite the growth in renewable in recent years. Turkey, as a fast growing economy, will likewise require more access to fossil fuel resources to meet its increasing demand for energy. Given Turkey’s location, oil and gas from the Caspian region will become very important, and could also allow Turkey to become an energy transit country and energy hub for deliveries to Europe, thereby increasing its international influence.