"Turkey as an energy hub for Europe - prospects and challenges" Conference: extracts from the speeches by Hilmi Güler and Olli Rehn
Type: Speech - summary
End production: 04/03/2009 First transmission: 04/03/2009
Olli Rehn, Member of the EC in charge of Enlargement, attended the European policy center's program on "Turkish insights". The theme of the conference was "Turkey as an energy hub for Europe - prospects and challenges", as Turkey is a partner of key strategic importance on the field of energy. The challenges include the secure and reliable energy supply for their proper functioning – as well as the competitiveness and sustainability of EU and Turkey's economies.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Exterior view of the Residence palace
||SOUNDBITE (in English) by Hilmi Güler, Turkish Minister for Energy and Natural Resources: Substantial progress has been achieved in restructuring and liberalising the energy market; harmonising the legal and regulatory framework with that of the EU, has been one of the priorities in this context; legislative environment has been upgraded to be compatible with that of the EU since 2005; and electric and natural gas petrol in the LPG market loss has been enacted to reinforce the private sector involvement under independent regulation and supervision of the energy market regulator authority (EMRA).
||SOUNDBITE (in English) by Hilmi Güler: In a very short term, we expect a connection of the Kazakh oil to BTC pipeline finally reach world markets; BTC is ready to provide its transport infrastructure for the delivery of Kazakh oil to the world markets; the produced Kazakh oil has begun to flow throughout BTC pipeline as of October 2008; the ongoing relations in the energy sector in our region will bring Turkey and the European Union significant gains and that further opportunities will take place in the accession process of Turkey to the EU.
||SOUNDBITE (in English) by Olli Rehn, Member of the EC in charge of Enlargement: Turkey can help the EU diversify and secure its energy supply; at the same time, the integration of Turkey into the EU's internal single energy market will enable Turkey to build a better functioning and reliable domestic energy market and the infrastructure needed for its rapid and sustainable economic growth.
||SOUNDBITE (in English) by Olli Rehn: Geography alone is not enough; Europe can help Turkey develop its role as an energy crossroad, through the deepening of EU and Turkey energy cooperation; the EU can also help address Turkey's concerns about its own security of supply; the Baku-Tbilisi-Ceyhan oil pipeline has been operational for almost three years and is a major achievement; Turkey is also a vital partner for the planned Nabucco gas pipeline project which aims at carrying gas from the Caspian to Vienna.