Does Turkey have a geographical advantage?

Turkey has a geographical advantage. Turkey, located between Europe and Asia, was originally a country lacking in energy. Statistics show that Turkey needs to import more than 90% of its oil and natural gas. However, Turkey enjoys a unique geographical position, and its neighbors are not the Caspian Sea and Middle East countries rich in energy, nor Europe with huge energy demand. The recent Ukrainian crisis and the turmoil in the Middle East have enabled Turkey to find a new breakthrough, enhance its position in the global energy field while ensuring its own energy security, and unswervingly pursue the dream of a regional energy hub.

As early as 20 13, at the Turkey Oil and Gas Summit, how Turkey became a regional energy center and a transit country became the focus of discussion. At the end of that year, Turkey signed a multi-billion-dollar energy cooperation agreement with the Iraqi Kurdish autonomous government in a very low-key manner, and cooperated in pipeline construction and oil and gas exploration. The two sides also made it clear that they plan to build a new natural gas pipeline, which can not only supply Turkey, but also transport it to other countries.

The cooperation with Iraqi Kurdistan region has not only brought a large amount of oil and gas supply to Turkey, but also laid the foundation for it to transport oil and gas to other countries. In addition, in recent years, Turkey has also developed natural gas pipeline transportation projects with Azerbaijan and other countries. The energy cooperation between China and Iran has been uninterrupted.