"Turkey Oil & Gas Report Q4 2014" now available at Fast Market Research
Fast Market Research recommends "Turkey Oil & Gas Report Q4 2014" from Business Monitor International, now available
[USPRwire, Thu Sep 11 2014] Turkey will remain heavily dependent upon oil and gas imports for the foreseeable future. Phase II of Shah Deniz and t he decision to proceed with the TAP and TANAP natural gas pipelines will cement Turkey's position as a critical transit country , and also secure 6bcm of new supplies for Turkey's domestic market. There is upside potential to domestic energy production from the Black Sea and unconventional development s , although it remains too early for either to be factored into our forecasts. M ounting investment into exploration activities underscores the government's growing commitment to increasing its domestic resource base.
The main trends and developments we highlight for Turkey's oil and gas sector are:
* In June 2014, SOCAR agreed USD3.29bn in funding from 23 lending institutions to support the construction of the STAR refinery. The Azeri company will be funding the remaining USD2.2bn of the project.
* In July 2014, TPAO and ExxonMobil entered talks regarding the exploration of shale gas. TPAO is also reportedly in talks with OMV and MOL.
* In early July the World Bank approved a USD400mn loan to finance Turkey's first gas storage facility.
* The pipeline from the Kirkuk field in Iraq to Ceyhan Remains offline due to damage. Oil from...
The Turkey Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Turkey including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Turkey Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Turkish oil and gas industry.
Key Benefits
* Benchmark BMI's independent oil and gas industry forecasts for Turkey to test consensus views - a key input for successful budgeting and strategic business planning in the Turkish oil and gas market.
* Target business opportunities and risks in the Turkish oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Turkey.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI's key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.
Regional Overview
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