Thursday, March 21, 2019
Essay --
Due to this impressive growing preservation, Turkey is now whizz of the fastest growing button market of the world. Only in the stomach decade Turkey was the second country after China, with the biggest bluster and electrical zilch take in add-on. According to the Ministry of zero and Natural Ressources between 1990 and 2008 in Turkey, annual average rate of increase in primary nil consume was realized as 4,3% .1As the Turkish Ministry of Foreign affairs states it Turkey is expected to become one of the most dynamic energy economies of the world in terms of increase in energy demand.2 The Population increase, the urbanization and industrialization of Turkey as a issuing of its liberalization and entrance to the globalization gave birth to a continuous increase in the demand for energy and natural ressources. As we have seen the efficient changes of Turkey in the last thirty years have blend in Turkey to become a big energy eater. so far Turkey is not the only one wi th an increasing energy demand, as the International Energy Agency states that if the current trend goes on, the primary energy demand of the world forget increase by 40% between 2007 and 2030.3 Therefore Turkey is not only becoming somehow given to energy import it is in addition becoming so in a future very competitive market.Current energy situation a big economical dependencystatsThe energy imports are one of master(prenominal) cause of the current sleep of payment issue in Turkey. The countrys energy import have increased a lot more fast than the exports have. In 2010 almost half of the countrys foreign trade deficit, or the balance of payment deficit was due to energy imports which costed $40 bilion.4 As the Ministry of Energy and Natural Ressources sources explains it ... ...uted less than 1 percent of Turkeys imports, while exports were about 5 percent of the total..DescriptionThe traditional important exports of Turkeys economy used to be Textile and agriculuture. However a rising importance of other clean and modern sectors has happened, such as in the automotive, electronic industries or the spin sector. This is due to newly born middle-class of entrepreneurs conveying dynamysm to Turkish economy and innovation.. 10 Oil began to flow through the Baku-Tbilisi-Ceyhan pipeline in may 2006, marking a major milestone that will bring up to 1 million barrels per day from the Caspian to market. Several gas pipelines projects also are moving forward to help transport Central Asiatic gas to Europe through Turkey, which over the long term will help address Turkeys dependence on imported oil and gas to meet 97% of its energy needs
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