EVALUATION OF TANAP AND TAP PROJECTS EFFICIENCY: "DIVERSIFICATION OF THE GAS SUPPLY FOR THE EUROPEAN UNION'S ENERGY SECURITY - CASPIAN AND CENTRAL ASIAN GAS"

Ibrahimov M., Aliyev A., Babayev T.

37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.780-786 identifier

  • Publication Type: Conference Paper / Full Text
  • City: Baku
  • Country: Azerbaijan
  • Page Numbers: pp.780-786
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

In contemporary period, the EU's current concern is to reduce dependency on Russian gas that its whole gas supply and over the region increases political and economic threats for member countries. The EU's concern about Russia's dominance in its gas market make consider non-Russian gas projects through Turkey - the closest neighbor after Russia. The EU sees Turkey as a crucial partner to diversify routes routes for the EU 's energy security. From this perspective, the purpose of this paper is to define possibility and geopolitical reasons behind changing EU's shifting priorities from Russian to Turkish dependence for gas supply.