scholarly journals Natural Gas in the Turkish Domestic Energy Market

Author(s):  
Gulmira Rzayeva

Significance Most energy market reforms have now been included in national legislation and the Regulatory Authority for Energy has incorporated them into operational regulations. The aim is to improve market flexibility and allow wholesale market participants to benefit from improved cost management. Since January 1, all exclusive supply agreements with the state-owned Public Gas Corporation (DEPA) have been terminated, allowing all natural gas customers to choose their supplier. Impacts Proceeds from the DESFA sale, which is to be concluded in June, will go towards paying down Greek public debt. Greece’s greater integration into European energy networks (electricity and gas) will stimulate domestic energy market reform. Loss of market share will encourage SOEs to expand into related activities and diversify geographically, primarily to the Balkans. However, Greece’s ambitions to become a regional natural gas hub carry the risk of promoting overcapacity.


2016 ◽  
Vol 3 (1) ◽  
pp. 78
Author(s):  
Blerina Muskaj

At the beginning of my paper I will explain the concept of "Geopolitics of Energy", this will be done for a quite simple reason, because I want everyone who can sit to read this article to understand more clearly what is at stake, therefore allow them the comprehension of what is being elaborated bellow at first sight. Geopolitics of energy is a concept that relates to policies choosing exporters to implement on importers, is the policy that has an impact on energy consumption, which includes consumer’s choice in the geopolitical context, taking into account the economy, foreign policy, the safety of energy, environmental consequences and priorities that carries the energy exporter. This concept permits the understanding of how works the politics that undertakes this initiative taking into account natural resources such as: natural gas and oil. Natural gas and oil are two main resources that produce energy but also two main elements on which arises all the topic in the energetics game. For this paper is used qualitative methodology, through which we were able to accomplish this work. I focused on scientific literature, official publications and reports on energy geopolitics. The main aim has been to show how in this decade, energy security is at the center of geopolitical agenda and has become the focus of numerous political debates. Regarding this point of view, Europe is taking the initiative to create a common energy market within the continent by creating projects, in which Albania appears as a new regional energy potential. Russia, which is aiming to play a role in the international arena, is seeking to position itself geopolitically in "its political weapon", hydrocarbon resources, in particular natural gas resources.


Author(s):  
Haşmet Gökirmak

This chapter discusses the possibility of developing an energy market in Turkey. Turkey currently serves as an energy transit corridor, with the Baku-Tbilisi-Ceyhan (BTC) and Kirkuk-Ceyhan pipelines and with its seaborne oil trade, where large volumes are carried by tankers through its straits. Turkey also has the potential to become an energy market with new projects connecting producers in Central Asia, the Middle East, and the Caucasus, and major consumers of oil and natural gas in Europe and other regions of the world. Two recent megaprojects, The Trans Anatolian Natural Gas Pipeline Project (TANAP) and Turkish Stream will move Turkey closer to fulfilling this dream. Turkey, however, needs to meet some requirements to be considered a mature energy market. These are related, among others, to factors such as its infrastructure, storage capacity, market reforms, and easy market access for private firms to actively participate in the energy market.


2019 ◽  
Vol 59 (2) ◽  
pp. 605
Author(s):  
Craig Henderson ◽  
David Miller

Recent energy market trends have opened the opportunity to exploit Australian liquefied natural gas (LNG) as a cost-competitive fuel source for power projects in developing markets. Regrettably, having favourable market conditions does not automatically lend itself to projects getting sanctioned and being successful. It is fair to say that the number of projects up and running in the current market is less than expected. This paper aims to explore some of the key reasons why LNG to power projects fail to become a reality and what Australian LNG producers could do to achieve their ambition of creating new markets to sell their LNG into. The paper concludes by outlining several development approaches that are being used in industry and how Australian LNG suppliers can partake in these approaches by standing out from the crowd, framing the opportunity, aligning agreements to the capability of the technology and understanding scale and industrial ecologies.


1996 ◽  
Vol 36 (1) ◽  
pp. 594
Author(s):  
P.D. Slattery ◽  
K. Stammer

Producers and other participants in the petroleum industry are in the midst of an increasingly competitive energy market. It is now the case that throughout Australia producers of natural gas are competing not just with substitute sources of energy but with one another. No longer do producers only compete for prospective tenements, rather their competitive activity extends from acreage acquisition through to the burner tip. The emergence of deregulation in the gas industry and the opportunities for competitive activity have been discussed at recent APEA conferences.1The aim of this paper is to examine where conflicts between interest and duty may arise between joint venturers who are now directly, or through affiliated companies, competing for marketing opportunities. We examine how and why such conflicts may arise and whether it is possible to manage them while still participating in traditional forms of joint venture exploration, production and in some cases marketing.For example, are producers able to satisfy their obligations of good faith and preserve confidentiality in joint venture exploration and production activities without compromising their ability to independently pursue the marketing of their share of production?


Significance Over the past few months, the new Greek government under the leadership of Kyriakos Mitsotakis has demonstrated both its commitment to reforming the domestic energy market and its ability to engage regional partners in a dialogue on cooperation in energy policy. Its ambitious plan to transform Greece into a regional natural gas hub got off to a good start in 2020 with the signing of the landmark international Eastern Mediterranean (EastMed) pipeline agreement on January 3. Impacts If the economy recovers as expected, particularly industry, it should boost domestic demand for gas. In the short term, Greek reliance on Russian gas imports is expected to remain high. Rising volumes of US LNG imports will appease the United States, a strategic trade and military partner of the EU. Greece will strive to position itself as prominent LNG bunkering location in the Eastern Mediterranean.


Author(s):  
Dimitri Namgaladze ◽  
Tornike Kiziria ◽  
Lena Shatakishvili ◽  
Tamaz Ghvanidze

The increase in the cost of energy and the appearance of gases of various qualities led to the fact that calculations in the gas industry began to be made by measuring thermal energy.  To this day, in Georgia, the calculation of the amount of natural gas when paying for the used gas is in cubic meters.  As for the study of processes and parameters in the Georgian gas sector, it turned out that these processes are clearly stochastic.  Therefore, the purpose of the work is to develop criteria for the interchangeability of natural gas, in particular, a diagram of the interaction between the Wobbe index in total proportions of propane and nitrogen equivalent for the Georgian gas market, based on stochastic processes.  Thus, for the first time, an original methodology for plotting the Wobbe Index (calorific value) of interchangeable natural gases supplied to Georgia was developed.


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