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ARMENIAN - Erevangala500

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"We never know the worth o f w ater till the wells go<br />

dry... ”<br />

W ATER and O IL:<br />

Proverb<br />

Turkey, the Energy Bridge o f the Third<br />

M illenium<br />

Let us begin with the less important ressource: oil and gas<br />

(we could definitely survive without oil and gas or other<br />

natural sources o f energy, but never without water). In<br />

fact, three quarters o f the proven oil and gas reserves o f<br />

the world exist in the vicinity o f Turkey. In this context,<br />

the reserves o f the Caspian basin are an estimated 16 bil­<br />

lion barrels o f oil and 3,3 billion cubic metres o f gas,<br />

potentially even greater. But not only this. There are the<br />

immense reservoirs o f oil and gas in Central Asia which<br />

shall be transported via Baku and Turkey to the west.<br />

This means more independence from Russia, a benefit for<br />

all o f us.Turkey, being at the epicentre o f the world's<br />

energy fields, has the utmost importance in terms of eco-<br />

strategy.<br />

Turkey, an integral part and ally o f Europe, with its mod­<br />

ern and Western values, stands in the middle o f the cross­<br />

roads o f three continents, three seas and a multitude of<br />

different cultures, religious heritages and political devel­<br />

opments. In this higly vulnerable region, Turkey is<br />

Europe's most reliable friend, despite having recently<br />

(and most probably also in the coming years) been at the<br />

geographical centre o f most o f the problems and disputes<br />

which have occupaied the world agenda.<br />

Turkey is an energy bridge between Europe and Asia -<br />

which is, by the way, the "Eurasian" continent. Turkey is<br />

able to assure - due to its political stability and geograph­<br />

ic proximity - new and independent access to internation­<br />

al markets for Caspian and oil and gas and the treasures<br />

o f Turkmenistan and Kasachstan.<br />

In this context, the Turkish proposal for the Caspian Sea-<br />

Mediterranean Sea pipeline project as the main export-<br />

pipeline will not only create vital economic activity and<br />

interdependence among suppliers, consumers and all con­<br />

cerned transit countries, but will also create an atmos­<br />

phere o f peace, stability, prosperity and security; quali­<br />

ties so greatly needed not only in this sensitive, vulnera­<br />

ble region, but all over Europe.<br />

133

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