By Natalia Konarzewska 

June 1, 2021

Turkey, Turkmenistan and Azerbaijan envision closer, trilateral economic cooperation. The recent, landmark agreement between Azerbaijan and Turkmenistan on the development of the Kepez/Serdar offshore field, renamed ''Dostluk'' or ''Dostlug” (“Friendship”), which ends a decades-long conflict between the two countries, promises to boost pan-Turkic energy cooperation. Also, Turkey’s new connectivity with Azerbaijan and the Caspian Basin after the Nagorno-Karabakh ceasefire agreement has the potential to reinvigorate Ankara's economic relations with the Turkic nations of Central Asia. Even though the current feasibility of new energy infrastructure projects is uncertain, the importance of the deepening relationship of Turkey, Azerbaijan and Turkmenistan is above all geopolitical, and its implications are not lost on Russia and Iran, which have already been alarmed. Ankara's pan-Turkic successes in the Caspian Basin and in Central Asia presage an intensified geopolitical competition in these regions.

By the Editors (vol. 1, no. 5 of the Turkey Analyst) 

Realizing the rising need for the transportation of the Caspian Basin’s energy resources to world markets in the 1990s, Turkish decision-makers claimed that “Turkey should become an energy corridor and an energy hub for producer and consumer countries”. All recent governments have to different degrees supported this vision. Turkey’s energy hub prospects were boosted by the rapid developments in the Turkish economy, which created an increasing demand for energy resources, and forced the “Energy Strategy” to the focal point of political and bureaucratic circles.