Abstract
Turkey's strategic location makes it a natural "energy bridge" between major oil producing areas in the Middle East and Caspian Sea regions on the one hand and consumer markets in Europe on the other. Natural gas is the fastest growing primary energy source in the world. Worldwide gas use more than doubles in the reference case projection, reaching 4.92 trillion cubic meters in 2020 from 2.32 trillion cubic meters in 1996. Current gas production in Turkey meets 2.8% of domestic consumption requirements. Turkish natural gas is projected to increase dramatically in coming years, with the prime consumers expected to be industry and power plants. Turkey has chosen natural gas as the preferred fuel for the massive amount of new power plant capacity to be added in coming years.
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