International Congress on Eurasian Economies

International Conference on Eurasian Economies

4-5 November 2010 – Istanbul, TURKEY

Paper detail

Paper ID : 202
Status : Paper published
Language : English
Topic : Natural Resources and Environment
Presenter:
Session : 4C Energy

The Nabucco Project within Context of Energy Supply Security and International Politics
The Nabucco Project within Context of Energy Supply Security and International Politics

Abstract

The Nabucco Project is a project, which aims to transport rich natural gas resources of the Central Asia, the Caucasus and the Middle East to the European market via Turkey. In this study, the Nabucco Project was evaluated within context of the energy supply security concept and international politics. Firstly, interdependence between national power and energy supply security was investigated. How oil and natural gas became strategic raw materials of world politics beyond being primary energy resources of the global economy was examined. It was found that discovery of rich oil and natural gas resources in the Central Asia and the Caucasus after the Cold War turned the region into a focus of interest of the global and regional actors. In this connection, perspectives of the global and regional actors about the Nabucco Project were examined. As a result of analyses and evaluations, it was concluded that the Nabucco Project is a project that can significantly enhance Turkey’s geopolitical importance and make Turkey one of the key countries of the east-west energy corridor.

JEL codes: F50, F52

Özkan, Gökhan (2010). "The Nabucco Project within Context of Energy Supply Security and International Politics" in Proceedings of International Conference of Eurasian Economies 2010, pp.282-288, Istanbul, TURKEY.

DOI: https://doi.org/10.36880/C01.00202

Full paper in PDF format.

Session 4C: Energy

Istanbul Beykent University Promotion Fund of the Turkish Prime Ministry Istanbul 2010 European Capital of Culture