Turkey's natural gas policy

This article deals with natural gas policy of Turkey. Natural gas became important in the 1980s. In recent years, natural gas consumption has become the fastest growing primary energy source in Turkey. Natural gas becomes an increasingly central component of energy consumption in Turkey. Current gas production in Turkey meets 3% of the domestic consumption requirements. Natural gas consumption levels in Turkey have witnessed a dramatic increase, from 4.25 Bcm (billion cubic meters) in 1991 to 21.19 Bcm in 2003. Turkish natural gas is projected to increase dramatically in coming years, with the prime consumers expected to be industry and power plants. Turkey has chosen natural gas as the preferred fuel for the massive amount of new power plant capacity to be added in coming years. Turkey has supplied main natural gas need from Russian Federation; however, Turkmen and Iranian gas represent economically sound alternatives. Turkey is in a strategically advantageous position in terms of its natural gas market. It can import gas from a number of countries and diversify its sources. Turkey's motivation for restructuring its natural gas ownership and markets stems from its desire to fulfill EU accession prerequisites in the energy sector.