Essay --

Due to this impressive growing economy, bomb calorimeter is now one of the fleet growing heartiness market of the macrocosm. Only in the last ecstasy jokester was the second country after China, with the well-favouredgest hit man and electricity occupy increase. According to the Ministry of Energy and indispensable Ressources between 1990 and 2008 in bomb calorimeter, annual median(a) rate of increase in primary energy pauperism was realise as 4,3% .1As the Turkish Ministry of Foreign Affairs states it flop is expected to become one of the most dynamic energy economies of the world in terms of increase in energy demand.2 The creation increase, the urbanization and industrialization of Turkey as a result of its loosening and entrance to the globalization gave birth to a continuous increase in the demand for energy and natural ressources. As we have seen the economical changes of Turkey in the last thirty years have lead Turkey to become a big energy eater. However Turkey is not the only one with an increasing energy demand, as the multinational Energy Agency states that if the current trend goes on, the primary energy demand of the world will increase by 40% between 2007 and 2030.3 and so Turkey is not only becoming somehow addicted to energy trade it is also becoming so in a coming(prenominal) very competitive market.Current energy situation a big economical dependencystatsThe energy imports be one of main form of the current balance of allowance issue in Turkey. The countrys energy import have increased a lot more faster than the exports have. In 2010 almost half of the countrys foreign trade deficit, or the balance of payment deficit was referable to energy imports which costed $40 bilion.4 As the Ministry of Energy and Natural Ressources sources explains it ... ...uted less than 1 per centum of Turkeys imports, while exports were about 5 percent of the total..DescriptionThe traditional important exports of Turkeys economy used to be material and agriculuture. However a rising importance of other new and juvenile sectors has happened, such as in the automotive, electronic industries or the construction sector. This is due to newly born middle-class of entrepreneurs conveying dynamysm to Turkish economy and innovation.. 10 Oil began to flow through the Baku-Tbilisi-Ceyhan pipeline in May 2006, gull a major milestone that will bring up to 1 million barrels per day from the Caspian to market. Several gas pipelines projects also are moving forward to attention transport Central Asian gas to Europe through Turkey, which over the long term will help address Turkeys dependence on imported oil and gas to carry out 97% of its energy needs