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Over Next Ten Years, Energy Demand of Turkey Will Increase by 80%

Oil&Gas Materials 22 January 2007 12:53 (UTC +04:00)

Up to 2010, the energy demand of Turkey will exceed 150 mln tons of oil annually, Trend reports quoting oil and gas experts. Up to 2020, this indicator will increase by 80% and reach 280 mln tons of oil annually.

Turkey plans to carry out the direct purchase of oil delivered via the Baku-Tbilisi-Ceyhan pipeline. The State Oil Company of Azerbaijan (SOCAR) will refine oil in the Turkey. In addition, Turkey will purchase and re-export natural gas produced in the Azerbaijani field of Shah Deniz. The demand of the European Union member countries, where Turkey and Azerbaijan will export gas, will increase by 40%. Kazakhstan and Turkmenistan also plan to sell their gas to Europe via Turkey and Azerbaijan. It will be possible by constructing a trans-Caspian gas pipe via the Caspian.

According to information from Botas, in 2007 gross gas delivery to Turkey will equal 40,63 bln cu.m., in 2008 it will be 43,58 bln cu.m and in 2009, 47,52 bln cu.m.

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