f Two Way Competition, Resource vs Market

As we all know, Turkey is in the proximity of two oil and gas rich regions, namely CIS and Middle East. Considerable volumes of those resources produced in these areas have already been contracted by the relevant resource rich countries. These countries are working on the alternative evacuation options for their remaining resources by considering an optimum balance between maksimizing the monetary values of their resources and keeping a political equilibrium among the major players. Having such vast resources, both areas are under close attention of major consumers, global players and other resource rich rivals. While the consumers are struggling for their energy security, sustainability and diversification, the rivals (other producers) are trying to increase their powerfull strategic position as a supplier and at least keep the current status quo of the energy dependency of the consumers. In this context, there are ongoing substantial bilateral and multilateral discussions among the regional / global players leading to important political developments in the region, which would also ultimately define the routes of the resources in line with the strategies of the relevant players.