Turkey: Top economist calls for focus on energy security

Turkey: Top economist calls for focus on energy security

The International Energy Agency needs repositioning on energy security related issues, the agency's top executive said in Ankara Monday Anadolu Agency reported

"The importance of energy security will increase in the international political agenda (because of the ongoing crises in the world)," Fatih Birol, who is currently the chief economist at the 29 member strong agency, said.

Birol made the remarks at a ceremony held in his honor for getting selected as the next executive IEA director. He is expected to take charge in September 2015. Undersecretary of the Turkish Ministry of Foreign Affairs Feridun Sinirlioglu was also at the event.

About the importance of energy security, the Turkish economist said that energy security had become all the more important because of the ongoing crises in the world, including the chaos in Ukraine.

Despite regional chaos, oil and gas producing countries such as Saudi Arabia, Yemen, Libya, Syria and Nigeria will remain important suppliers, Birol added.

The economist also spoke about the importance of climate change, an issue that was expected to be discussed at a global climate change conference in December in Paris. He noted that 80 percent of carbon emissions of the world came from the energy sector that adversely affected the climate.

"When IEA was founded, the share of IEA member countries in energy consumption was 80 percent, which is now 50 percent," he said.

"Turkey is not just a market for energy, it is also a safe and sustainable route for its energy rich neighbors to transfer their energy supplies in a safe way," Sinirlioglu said.

The undersecretary also spoke about the importance of the Trans Anatolian Natural Gas Pipeline or the TANAP and the Baku-Tiflisi-Ceyhan pipeline projects.

TANAP is part of a project that will carry natural gas from Azerbaijan's sector on the Caspian Sea, passing through Turkish territory to enter Greece, to further travel to Albania and then Italy to reach Europe. When completed, TANAP will carry around 16 billion cubic meters of gas per year to E

Subscribe to Trend in Google News! Subscribe
Kazakhstan unveils data on trade with other EAEU states
Kazakhstan unveils data on trade with other EAEU states
French Renault begins production and commercial activities in Uzbekistan
French Renault begins production and commercial activities in Uzbekistan
Azerbaijan's agrarian agency discloses volume of issued subsidies in 9M2021
Azerbaijan's agrarian agency discloses volume of issued subsidies in 9M2021
Loading Bars
Latest
UK records more than 40,000 COVID cases for third day in a row
Biden says Clinton will be released ‘shortly’ from California hospital
Amazon-owned Twitch says source code exposed in last week's data breach
Israel's annual inflation up 2.5 pct, highest in nearly decade
Africa's COVID-19 cases surpass 8.41 mln: Africa CDC
US shares specific data on cybercrime with Russia, awaits its actions, White House says
Saudi Arabia appoints Al-Rabiah as new Hajj minister
Chronicles of Victory: President Ilham Aliyev interviewed by Turkish A Haber TV channel on October 16, 2020 (PHOTO/VIDEO)
Chronicles of Victory: October 16, 2020
Czech PM Babis pledges smooth power handover to opposition
UK MP dies after being stabbed at constituency meeting
China’s Shenzhou-13 manned spacecraft successfully reach orbit
Four migrants dead, 21 missing off Spanish coast
FIA approves schedule for Azerbaijan Grand Prix in 2022
COVID-19 kills 197 more Iranians over past 24 hours
Georgian FM meets Slovenian counterpart
Armenia trying to prepare ground for new provocations against Azerbaijan by spreading fake information - MoD
Azerbaijani FM discusses mine threat in liberated territories with French CNEMA delegates (PHOTO)
Azerbaijan lifts flight restrictions for number of countries
Azerbaijani President signs law "On Independence Day"
EBRD to allocate loan to Turkmen beverage company
Azerbaijan records decline in fixed capital revenues for 9M2021
Turkmenistan, WB talk new areas of co-op
Uzbek-Korean JV announces tender to buy clarifier
Gasoline prices in Georgia increase
Money transfers to Azerbaijan via Golden Crown service grow for 9M2021
Iran looking to develop renewable energy - SATBA
Azerbaijani MoD discusses mine clearing in liberated territories with French delegation (PHOTO)
Iran eyeing increase in trade with Spain
Export-oriented local Georgian company to get benefits within USAID program
Saudi Arabia to ease coronavirus curbs from Oct. 17
Russia, Venezuela developing secured messenger — Rostec
Kazatomprom to look for new ways to bolster nuclear energy for peaceful purposes
Turkmenistan discloses area allotted for sowing winter barley in Dashoguz region
Agreement with Azerbaijan on additional gas supplies aimed at ensuring Turkey's gas reserves – Erdogan
First container train on its way to Azerbaijan's Karabakh (PHOTO/VIDEO)
Uzbekneftegaz receives gas flow from well at Khojikazgan field
Kazakhstan to exempt Caspian oil exports from customs duties
Kazakhstan unveils data on trade with other EAEU states
Volume of financial assets of non-financial corporations in Georgia increases
LUKOIL Uzbekistan to buy ceramic balls for catalysts via tender
Azerbaijan, as victorious country, is ready to normalize relations. We hope that Armenian leadership will not pass up on this historic opportunity - President Aliyev
U.S. administers 405.4 mln doses of COVID-19 vaccines
Кazakh national telecommunications operator opens tender to buy spares
Geostat shares data on revenues of Georgian enterprises for 2020
Azerbaijan shares data on number of vaccinated citizens
Netherlands’ FMO is open to new investments in Uzbek financial sector (Exclusive)
Azerbaijan confirms 1,850 more COVID-19 cases, 735 recoveries
Student of Baku Higher Oil School: ‘I am proud to bear the name of such a historical figure!’
French Renault begins production and commercial activities in Uzbekistan
NEQSOL Holding supports ADA University’s project to restore Gazakh Seminary (PHOTO)
Azerbaijan's agrarian agency discloses volume of issued subsidies in 9M2021
Money transfers to Georgia exceed investments
Russian peacekeepers - guarantors of peace in Karabakh - President Putin
Georgian air cargo transportation decreases
Azerbaijan ready to start talks with Armenia on delimitation of borders - President Ilham Aliyev
TAP helped in reducing European gas market volatility
Armenia has destroyed 16 of the 17 mosques in Shusha - President Aliyev
President Ilham Aliyev: Armenia refuses to provide us with full maps of mined areas
For about 30 years, Armenia, together with Iran, used former occupied territories of Azerbaijan for drug trafficking to Europe - President Aliyev
Illegal Armenian armed forces attempt new provocation against Azerbaijani units
Azerbaijan's State Employment Agency to launch project on financial support of entrepreneurs
President Ilham Aliyev hailed special role of President Vladimir Putin in cessation of hostilities in Karabakh
City of Aghdam was called “Hiroshima of the Caucasus” - Azerbaijani president
Karabakh conflict has been consigned to history - President Aliyev
Azerbaijan takes part in meeting of heads of security and intelligence agencies of CIS
Brent oil price on the ICE exchange up over $ 85/barrel
Iran seeks to transform its ports to transshipment hubs
Microfinance sector in Georgia hopes to rebound from COVID-19, shares forecast
President Ilham Aliyev attends CIS Heads of State Council's session in video conference format (PHOTO)
France's intention to take part in de-mining of Azerbaijan's lands - important, MP says
Death toll climbs to seven following fatal gun battles in Beirut
Azerbaijani ombudsman issues statement on anniversary of shelling of funeral procession in Tartar by Armenian troops
EBRD talks on financing of construction of high-voltage transmission line in Uzbekistan
Israeli companies getting increasingly interested in Russian market — Lavrov
TAP compensated decreasing share of imports from Norway and other LNG to Europe
Azerbaijan’s Parliament adopts bill ‘On Independence Day’
Agriculture goods production increases in Kazakhstan
Turkmenistan’s cotton mill shares export data for 9M2021
Kazakhstan unveils data on local car insurance
Turkmen enterprise reveals volume of oil products shipped to consumers
Uzbekistan approves funding for dozen of scientific projects
Azerbaijan’s Parliament to send congratulatory letter to President Ilham Aliyev, First Vice President Mehriban Aliyeva
Azerbaijani agrarian agency talks female entrepreneurs provided with preferential loans
Uzbekistan reveals number of vaccinated citizens as of October 15
Kazakhstan boosts cargo transportation by road
USAID ready to continue investing in agriculture dev’t in Azerbaijan
JOCAP updates on offshore installation campaign for Absheron field
JOCAP details ongoing works at Azerbaijan’s Absheron gas field
Georgia shares data on COVID-19 cases for October 15
IEA lowers forecasts for Azerbaijan’s 2022 oil output
Georgian honey exports skyrocket, following COVID-ravaged year
Azersu OJSC eyes attracting investments for implementation of its projects
Oil prices climb on power boost, set for multi-week gains
Brand new iPhone 13 smartphones with 50GB free internet now available at Azercell Exclusive shops!
Georgia and International Labor Organization to launch new co-op programs
Kazakhstan eyes expanding share of exports of Russian trading house
Uzbekistan shares COVID-19 data for October 15
Turkmenistan, UN discuss strategic cooperation
Kazakhstan's Aktau port opens tender to buy electric valve actuator
All news