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 Natalia Konarzewska 

November 23, 2020

In August 2020, Turkey announced the first sizeable natural gas discovery off its Black Sea coast, estimated to contain some 320 billion cubic meters (bcm) of gas. In October 2020, after weeks of additional exploration, Turkey revised the estimation of the newfound gas reserve upwards to 405 bcm. The discovery of the Sakarya gas field was met with euphoria, as it came after years of unfruitful quest for indigenous natural gas reserves. The finding promises to ease Turkey’s dependence on hydrocarbon imports and Ankara will likely use its new-found gas field as leverage against Russia, which is bound to have geopolitical implications.