Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/7135
Title: New prospects in the political economy of inner-Caspian hydrocarbons and western energy corridor through Turkey
Authors: Bilgin, Mert
Keywords: oil
gas
European energy supply
Issue Date: 2007
Publisher: Elsevier Sci Ltd
Abstract: This paper makes a new conceptualization on Caspian energy system and the transit routes that pass through Turkey. Firstly, it puts forward the term of "inner-Caspian", comprising Azerbaijan, Kazakhstan and Turkmenistan. Secondly, it identifies sub-systems of "western energy corridor through Turkey" (WECT) by diversifying: (1) "WECT inner-Caspian", which includes hydrocarbon transportation from Azerbaijan, Kazakhstan and Turkmenistan; (2) "WECT Russia", which is currently composed of Blue Stream gas pipeline and oil transportation by tankers through Turkish straits; and (3) "WECT Middle East", which refers to Iranian, Iraqi and Egyptian hydrocarbons. Thirdly, this paper makes a comparative analysis on WECT systems through selected economic (reserves, supply/demand, production and transportation costs), geo-political (e.g. moves of the concerned actors), political (e.g. recent developments in government structures) and security (especially in terms of transport) indicators which bring out that "it is more reasonable for the EU to first embrace WECT inner-Caspian, then develop WECT Middle-East in order to diversify its energy supply". (C) 2007 Elsevier Ltd. All rights reserved.
URI: https://doi.org/10.1016/j.enpol.2007.06.011
https://hdl.handle.net/20.500.11851/7135
ISSN: 0301-4215
1873-6777
Appears in Collections:Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
Siyaset Bilimi ve Uluslararası İlişkiler Bölümü / Department of Political Science and International Relations
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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