Minister: Turkey uses energy resources for regional stabilisation and development
Azerbaijan, Baku, April 8 / Trend A. Taghiyeva /
Turkey is using energy resources and power projects for the stabilisation and development of the region, Turkish Minister of Energy and Natural Resources Taner Yildiz said at a meeting of the World Economic Forum (Davos Forum) in Baku today.
Turkey has restructured its energy sector twofold during the past 10 years, he said.
He added that during this period, the country's GDP has increased threefold. This testifies to the successful development of the Turkish economic and energy sectors.
This means because Turkey has achieved so much in the energy sector, today the country can implement different energy and economic projects with many world countries.
"Along with the implementation of the South Stream project with Russia, Turkey is also successfully implementing the Trans-Anatolian gas pipeline (TANAP) project with fraternal country Azerbaijan," Yildiz said.
"On the other hand, Turkey continues its energy cooperation with Iran, despite the political problems of the latter," he said. "It is also developing a partnership in the energy sector with neighbouring Iraq."
The minister also stressed such projects as Baku-Tbilisi-Kars and Baku-Tbilisi-Erzurum, which are the key tasks in the transport and energy security of the region.
According to Yildiz, while connecting Asia's production capacity with the European consumer markets, Turkey plays an important role of an energy transport bridge in the region.
Baku is hosting a meeting of the World Economic Forum (Davos Forum) 'Strategic dialogue on the future of the South Caucasus and Central Asia' today. Azerbaijani President Ilham Aliyev attended the event. He delivered a speech at the forum.
Voting on how the participants see the future of the South Caucasus and Central Asia was held at the forum. Some 62.3 per cent of delegates voted for integration, 22 per cent fragmentation and 15.7 per cent the polarisation of the regions.
A video on the development of the South Caucasus region was shown at the event.