AÖF Soru Bankası
İKT455U · Ünite 5

Energy Geopolitics and Energy Supply Security

  • 20 soru-cevap
  • Energy Economıcs (ENG)
1

What are the main reasons for the increasing importance of energy geopolitics on energy policies and security notions?

The most important reasons are that fossil energy resources are central to today’s energy policy and the increasing demand for natural gas. Thus, countries with energy resources are becoming strategic countries in the world since they play a significant role in energy supply security.

2

What are the components of energy security? 

 The components: from the production, transmission, and distribution of energy to possible terrorist attacks on the infrastructure of the systems, to disruptions caused by investment deficiencies, from obstacles caused by hurricanes to embargoes, from strikes to lockouts, from civil wars to occupations.

3

What is the target of ensuring the security of energy supply?

The primary goal is to fulfill the energy requirements of a system, aligning with the demand for a specified quantity and quality. This should be achieved at predictable and sustainable costs over the short, medium, and long terms. Also, to assess the supply and demand conditions of countries, ensuring the provision of high-quality energy at a reasonable cost while optimizing its utilization are the other  aims.

4

How is the Eastern Mediterranean Region described in terms of energy supplies?

The Middle East is identified with oil, and the Eastern Mediterranean is identified with natural gas. The natural gas and oil resources to be discovered in the Eastern Mediterranean have a high potential to change the balance in the region. A new energy equation (natural gas) is emerging in the region. A new provider of supply security for Eastern Mediterranean EU countries getting rid of the other energy sources.

5

Where is the Levant Basin?

It is the region between Lebanon, Syria, Israel, and Cyprus, contains 3.45 trillion cubic meters of natural gas and 1.7 billion barrels of oil.

6

What is the significance of Hydrocarbon reserves found in the Eastern Mediterranean?

Hydrocarbon reserves found in the Eastern Mediterranean in the last years have played and continue to play an important role in reshaping regional dynamics. These discoveries, which paved the way for the countries in the region to become exporting countries in energy trade, indirectly began to shape the balance of power in the region.

7

When and where did the Eastern Mediterranean countries explore natural gas?

The first natural gas field was discovered in Israeli waters in 1999. While Israel discovered the largest natural gas field called Leviathan in 2010, the GCASC discovered the Aphrodite field in 2011 in its unilaterally declared Exclusive Economic Zone (EEZ). The region’s largest natural gas reserve was discovered in Egypt’s Zohr field in 2015.

8

Which routes are possible for the East-Med Pipeline Project?

There are three important routes in the region: the Eastern Mediterranean Natural Gas Pipeline (EastMed) project, the Egypt route, and the Türkiye route.

9

Why is Türkiye considered an ideal route for an energy transfer route planned to reach the European market from the Eastern Mediterranean region?

Türkiye, with its geographical location and strong infrastructure in energy transfer, offers an ideal transfer route to the countries in the region for the transfer of Eastern Mediterranean gas. All evaluations based on cost and route for the transfer of natural gas in the region indicate that the most advantageous option is Türkiye. Today, Türkiye hosts two important natural gas pipelines and is advancing step by step towards its goal of becoming the center country in energy trade in the coming period.

10

What does the abbreviation SGC stand for?

A separate natural gas corridor running from Azerbaijan to Türkiye in the south. This corridor is known as the SGC, Southern Gas Corridor.

11

Which projects are covered by the SGC?

There are four projects within the scope of the SGC: Lines are the operation of the Shah See natural gas condensate field (SD1 and SD2), the South Caucasus Pipeline Project (SCP), the Trans Anatolian Natural Gas Pipeline Project (TANAP) and the Trans-Adriatic Pipeline Project (TAP).

12

What is the main function of TurkStream Project?

TurkStream project, where the natural gas pipeline starts near the Russian city of Anapa and reaches the Kıyıköy town in Thrace, a total of 31.5 billion cubic meters of natural gas will be transferred annually in two pipelines. The fact that Russia, which has the largest natural gas reserves in the world, delivers natural gas directly to Türkiye via TurkStream has strategic importance for the energy supply security of Southern and Southeastern Europe, especially Türkiye.

13

Why is the Eastern Mediterranean  important for Türkiye?

The resources in the Eastern Mediterranean and the new pipeline passing through Türkiye have a very important advantage for EU countries. Thanks to the possible resources to be discovered in the Eastern Mediterranean in the future, it has the potential to eliminate dependence on Russia and real alternatives can be offered for supply security in natural gas in the long term. It is high time for cooperation between Türkiye and the EU in the field of energy. The Eastern Mediterranean is not just about energy, with the hydrocarbon resources to be found in the Eastern Mediterranean, many balances will also change in the region and most importantly.

14

Which countries sent natural gas to Türkiye via TANAP and  TurkStream projects?

Azerbaijan and Russia

15

Why does Türkiye play an important role in Russia’s and European countries’ natural gas transportation?

Türkiye is an important country in terms of energy demand security for Russia and energy supply security for European countries. For this reason, having Türkiye as a central country for Russia, which has rich natural gas energy resources, and European countries, which are natural gas consumers, is important for all parties in terms of economy and security.

16

What are the possible predictions of Türkiye becoming an energy corridor?

It is predicted that Türkiye will become a new energy center with TANAP and the other potential projects. In addition, the priorities of Türkiye’s energy policies are reducing energy costs, providing reliable energy resources, and becoming a commercial hub in energy.

17

What should Türkiye do in order to increase its position in terms of being an energy corridor?

Türkiye needs to follow more active policies regarding the transit route. Moreover, with TurkStream Russia’s gas will be transferred to the EU through Türkiye gaining a significant advantage, as in TANAP. If Türkiye enables the transfer of energy resources between East-West and North-South countries, Türkiye will become an energy epicenter country.

18

What are the main reasons for the increasing importance of energy geopolitics?

One of the most important reasons is that fossil energy resources are at the center of today’s energy policy. The second reason is increasing dependency and the demand for natural gas. Therefore, countries that have energy resources and countries that play a role in the transfer of these resources play an important role in energy supply security. These factors have significant contributions to these countries becoming strategic countries in the world.

19

Why is Türkiye regarded as the best option for natural gas transporting?

Due to its geographical location, Türkiye’s position as the country with the best route in the Eastern Mediterranean in terms of transporting natural gas to the international market makes Türkiye without an alternative. Türkiye is the region’s ideal transfer route for the transfer of Eastern Mediterranean natural gas. Since it offers the most cost-effective way to transfer natural gas in the Eastern Mediterranean, it is the most ideal country in the region in terms of energy supply security in transporting Eastern Mediterranean gas to Europe.

20

What sort of actions should Türkiye take in order to become an energy center?

Türkiye’s first energy priority is to have secure energy at a reasonable price and the second priority is to become an energy center in the transfer of energy. Due to Türkiye’s geopolitical and geostrategic position, Türkiye’s have a chance to be center in the transfer of energy sources to other markets.

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