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Begin New Search Topic Energy Policy Political Geography Asia Content Type Working Paper Publishing Institution Istituto Affari Internazionali

1. Natural Gas in South-east Asia: Key Trends and Long-term Outlook

Author:
Luca Franza and Beni Suryadi
Publication Date:
05-2021
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Given the increasing gas demand and declining domestic supply, countries in South-east Asia are bracing themselves to become net gas importers and are studying ways to enhance their security of supply. LNG will be the preferred source of gas, thanks to its flexibility and widespread availability at competitive prices in global markets. However, concerns related to excessive gas import dependency might reduce appetite for additional gas usage in South-east Asia. This could mean that coal would have a larger role, which is bad news for climate change. Countries in the ASEAN region need policies to achieve balanced, reliable, secure and cost-effective energy supply, a pre-requisite for the region’s ambitious economic development plans. A combination of solid local policies, investment by international players in the region and stability in global gas markets would enable gas to play a positive role in South-east Asia, which is a fast-growing region and an increasingly important catalyst of global energy market developments. Paper prepared in the framework of the IAI-Eni Strategic Partnership, May 2021.
Topic:
Climate Change, Energy Policy, Natural Resources, Gas, and ASEAN
Political Geography:
Asia and Southeast Asia

2. Turkey's Potential Role in the Emerging South-Eastern Mediterranean Energy Corridor

Author:
Elif Burcu Günaydin
Publication Date:
03-2014
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
South-Eastern Mediterranean gas findings have raised much interest in recent years. Even though the estimated quantity of reserves is not globally significant, it is enough to be a regional game changer, promising a considerable amount of gas surplus to be exported. The main export route and potential customers are still being debated. Turkey, with its growing gas consumption, geographical location and existing pipeline system, is considered to be the most feasible option both as a customer and a transport route. Nevertheless, the fact that Israel and Cyprus, with whom Turkey had difficult relations, are the first two explorers of significant resources complicates considerably the situation. Optimistically, the reserves may lead to a solution to the Cyprus conflict and restore diplomatic ties between Israel and Turkey. However, energy resources are known to be a double-edged sword that can lead to collaboration but also to conflict. Either way, gas production will find its way to the markets. It will be up to regional actors to decide whether this way will be paved via interim agreements or via a permanent settlement that could initiate regional energy cooperation in the Eastern Mediterranean.
Topic:
Energy Policy, Markets, Oil, Natural Resources, and Infrastructure
Political Geography:
Europe, Turkey, and Asia

3. Erbil Sends Oil, Ankara Gets Trouble

Author:
Olgu Okumus
Publication Date:
02-2014
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Since the international media reported crude oil flowing from the KRG to Turkey, doubts about the act's legality, political acceptability and opacity have surfaced. This oil trade is commercially enticing for energy-hungry Turkey, but is also politically risky. The Turkish government's lack of transparency regarding the KRG energy deal's economic and technical aspects has triggered domestic criticism - an especially risky proposition given the proximity of next year's election - and the KRG deal may also hinder international reliance on Turkey as a reliable energy hub. Turkey would be better advised to position itself as a partner for the export of Iraqi oil and gas, without making any distinction between federal and regional authorities. An Ankara-Erbil-Baghdad partnership based on normalized energy relations would help Turkey build new energy bridges with the EU, reducing gas prices for European consumers and strengthening Turkey-EU relations.
Topic:
Development, Energy Policy, Oil, and Bilateral Relations
Political Geography:
Iraq, Europe, Turkey, and Asia