27 Apr World Bank Director: Turkey to become Global Energy Hub
It is for this reason that I have been saying for years that Turkey’s geostrategic placement is one of its greatest assists and one of the primary reasons why it promises to become one of the most powerful nations in the region in the years ahead. The old adage, “just follow the money” is becoming, “follow the energy pipelines.”
The World Bank is currenty working with Turkey’s energy ministry to reform the legislation of the natural gas market, which might allow Turkey to attract competing sources of supply for its domestic market and ultimately make it better positioned to supply for European markets. Turkey is in a strategic geographical location “between major markets in Europe and major supply sources in further east,” said Raiser.
He said this geostrategic advantage increases Turkey’s chances to become a global energy hub, adding that Turkey’s geopolitical context require resolving some of the political issues around energy resources in the Eastern Mediterranean basin and Iraq.
As a part of its bid to become an energy hub, Turkey invested in TANAP, Trans Anatolia Natural Gas Pipeline, to carry Azerbaijani gas to Europe. The recent discoveries of natural gas fields in Eastern Mediterranean off the coast of Israel introduced an opportunity for Ankara as Turkey is the best feasible route for Israeli gas to reach European and Asian markets.
The strained relations between Ankara and Tel Aviv over Mavi Marmara incident in 2009 are expected to thaw as both sides signal possible reconciliation. Turkey also tries to meditate a resolution in Iraq between federal government and Kurdish Administration of Northern Iraq, which will allow Kurdish oil to reach Turkey for re-export.
As Turkey continues to emerge as a regional and global player, is it any wonder that the prophet Ezekiel placed such an overwhelming emphasis on Turkey in his prophecy concerning Turkye leading the coming Antichristic assault on the region?