Türkiye’s Energy Engagement in Central Asia and the Caucasus
Source:FDD Date:30Mar2024
In recent years, Türkiye has significantly increased cooperation with the states of Central Asia and Azerbaijan. One of the most important geopolitical developments in recent years in Eurasia is the emerging alliance between Türkiye, Azerbaijan, and Central Asia. This emerging alliance has given impetus to increased cooperation in the sphere of energy among the states. In addition, the increases in strategic collaboration in the region are also raising the prospects of establishment of cross-Caspian energy projects.
Türkiye’s engagement in the energy sphere in Central Asia is likely to grow in 2024 and onward. 2024 is a pivotal year for Türkiye’s energy policies as its main contracts for gas imports from Russia and Iran expire at the end of 2024 and in 2026. Thus, this year Ankara will make decisions on its future natural gas supplier mix. Türkiye’s Sakarya gas field is also ramping up over 2024.