Research Article

The Assessment of Economic Relations Over Energy Sector Between After Independence of Caspian Region Countries and Turkey

Volume: 2 Number: 2 May 31, 2018
EN

The Assessment of Economic Relations Over Energy Sector Between After Independence of Caspian Region Countries and Turkey

Abstract

The independent Turkic Republics in the Caspian region after their independence, begin rapidly to integrate into the world economy, have sought to make good use of their energy potential. In this framework new energy transmission lines have become the most important projects for the countries in the region. Besides their cultural ties to Turkey from the past, along the effect of the present conjuncture, there is a close association with Turkey and the countries of the Caspian region. Especially in the energy sector, cooperation with Azerbaijan, Kazakhstan and Turkmenistan has become compulsory in terms of energy need beyond cultural convergence. In terms of commercial relations, Russia has understood the importance of energy sector in advance of the others and established the "Eurasian Economic Union" which includes Kazakhstan. By the help of "Eurasian Economic Union” Russia develop trade relations more rapidly than Turkey. In this study, the relations of the countries of Caspian region to Turkey through the energy sector and in addition to this, the basic macroeconomic indicators of the region are investigated. In the light of the evaluations, finally, we try to suggest about the way the cooperation between the region will be and can be constituted in the context of aiming to cover the energy needs of Turkey.

Keywords

References

  1. AMB, (2013). Azerbaycan Merkezi Bankı. http://www.nba.az/ Erişim tarihi 2 Ekim 2013.
  2. Azstat, (2018). Azerbaycan Dövlet Statistika Komitesi. http://www.stat.gov.az/ Erişim tarihi 18 Şubat 2018.
  3. BP. (2013). Statistical Review of World Energy 2010. London: BP Publications.
  4. BP. (2017). Statistical Review of World Energy 2017. London: BP Publications.
  5. BTC PD, (2013). Bakü-Tiflis-Ceyhan Proje Direktörlüğü. http://www.btc.com.tr/proje.html Erşim tarihi 20 Eylül 2013.
  6. Demir, İ. (2012). Küresel Petrol Fiyatları Yüksek Seyretmeye Devam Edecek. Ortadoğu Analiz, 4(44), Ağustos 2012
  7. EIA, (2012). Country Analysis Briefs Kazakhstan. Energy Information Adminstration, 2012.
  8. EIA, (2012b). Country Analysis Briefs Turkmenistan. Energy Information Adminstration, 2012.

Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Publication Date

May 31, 2018

Submission Date

May 17, 2018

Acceptance Date

May 29, 2018

Published in Issue

Year 2018 Volume: 2 Number: 2

APA
Atsan, E., & Eke, E. U. (2018). The Assessment of Economic Relations Over Energy Sector Between After Independence of Caspian Region Countries and Turkey. Fiscaoeconomia, 2(2), 93-124. https://doi.org/10.25295/fsecon.2018.02.006

Cited By

download?token=eyJ1aWQiOjEwMTE3NywiYXV0aF9yb2xlcyI6WyJST0xFX1VTRVIiXSwiZW5kcG9pbnQiOiJqb3VybmFsIiwib3JpZ2luYWxuYW1lIjoiMjAyNi0wMy0xNF8wMC0xOC01OC5wbmciLCJwYXRoIjoiNTVjMC82NjE0LzA5NGEvNjliNDdmNjNjMjdiMDUuMDA4NTE4OTUucG5nIiwiZXhwIjoxNzczNDQwMzcxLCJub25jZSI6IjMzYzNhMDczOTJhZDBiOWUxMjA4MTJlMzAwOTdlMDhjIn0.uxgvoBOu5rdPPckMLotZ4eBnzOQVB_StL3DcxMXqMSU


Fiscaoeconomia is licensed under a Creative Commons Attribution License (CC BY).