The Bosphorus Energy Club | Building bridges and forging partnerships in regional energy
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The Bosphorus Energy Club

Today’s Energy Security Risks: Complacency, Uncertainty, and Ideology


Atlantic Council | DECEMBER 3, 2015 BY DAVID L. GOLDWYN At the 2015 Atlantic Council Energy and Economic Summit in Istanbul, twenty-one Ministers and senior officials from Europe, Asia, North America, and the Middle East met to assess the changing geopolitics of energy security. The assembly was a reminder that energy security — the ability of a nation to secure affordable, reliable, and sustainable supplies to maintain national power — is very different for each nation. It was clear that advances in technology — in oil and gas, and renewables — have changed the geopolitics of energy dramatically, and mostly for the better, from...

09 December 2015, Inspiring The Young Leaders For Future Energy Roles”| Programme at a glance

05 December in EVENTS & ACTIONS, LATEST, Young Leaders in Energy

[vc_row bg_color="#ffffff"][vc_column width="1/1"][vc_column_text] “Inspiring The Young Leaders For Future Energy Roles” 9 December 2015, Wednesday, 08:30 am to 21:30 pm Hosted by Kadir Has University Golden Horn, İstanbul (at Kadir Has Caddesi,  No:1, Cibali, Fatih, İstanbul) [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_accordion][vc_accordion_tab title=" BACKGROUND "][vc_column_text]There is a growing gap in the quality of the energy sector’s executive leadership in governments, civil society groups, financial institutions and corporations. The Bosphorus Energy Club is launching a “Young Leaders in Energy” initiative on 09 December 2015 in Istanbul in response to strong demand from young professionals, with less than 5 years of experience, and post-graduates, who aspire to advancing careers in energy, investment and geopolitics. PwC Turkey...

Regional Energy Equations and Turkish Foreign Policy: The Middle East and the CIS

04 December in ENERGY, ENERGY ACADEMY, GEOPOLITICS | Insight Turkey Vol. 12 / No. 3 / 2010 pp. 147-168  TUNCAY BABALI* ABSTRACT Turkey has become an important east-west and north-south gas and oil transit route and an energy hub, thanks to the Turkish straits, and the existing and proposed pipelines that run through its territory. Economic opportunities, however, can present diplomatic liabilities.  In a tough and complicated region, Turkey finds itself caught between the interests of competing superpowers and regional players. As the world’s 16th largest economy, Turkey’s thirst for energy will only increase. Satisfying this thirst requires not only diversification of sources and routes, but also good relations with all neighbors, in addition to traditional partners.  An analysis of Ankara’s options and new foreign policy vision shows that Turkey has...


03 December in Young Leaders in Energy

[vc_row][vc_column width="1/1"][vc_column_text] “Inspiring The Young Leaders For Future Energy Roles” Programme at a glance  9 December 2015, Wednesday, 08:30 am to 21:30 pm Hosted by Kadir Has University Golden Horn, İstanbul [/vc_column_text][vc_row_inner][vc_column_inner width="1/1"][vc_column_text]The participants (P), award competitors (C) and special guests (G) are set out below: In alphabetical order;[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width="1/3"][vc_column_text]Abdul Basit Qureshi, P, C Abdurrahman Avcıoğlu, P Adnan Alemdar, P, C Ahmet Akarsu, P Ali Utku Topak, P Alican Kasapoğlu, P, C Alpaslan Dilekçi, G Alper Acartürk, P Alper Turan, P Altay Atlı, G Arif Ataman, P Asım Hengirmen, P Atilla Kılınç, P, C Avivit Shitrit, P, C Aydan Güler, P Ayhan Gücüyener, P, G Bahadır Çiloğlu, P Baris Tavillioğulları, P Barış Özman, P Bekir Aktaş, P Berker Bayazıt, P Bijen Jalili, P Bilgehan Engin, P Birand Ardıç, P Bora Buyruk,...

Iraq 2016 outlook: Reality bites


The Petroleum Economist | 25th Nov 2016  By: Luay Al-Khatteeb Since 2003, Iraq’s policy-makers had taken the optimistic view –high oil prices were here to stay and the international oil companies contracted to develop the country’s huge southern oilfields would meet their plateau targets, originally around 12 million barrels a day by 2017. It is clear now that they didn’t see the serious commercial and technical difficulties in front of them, or rightly forecast the outcome of domestic politics and regional dynamics. The budget for 2016, which Iraq’s Ministry of Finance proposed in mid-September 2015, recognized some of what has taken place over the...

Ankara-Moskova hattinda dogal gaz krizi

30 November in BEC IN THE MEDIA

AA | 29 Kasım 2015 Mehmet Öğütçü Enerji dünyasının duayenlerinden The Bosphorus Energy Club başkanı Mehmet Öğütçü ile son gelişmeleri konuştuk. Eski diplomat, Uluslararası Enerji Ajansı yöneticisi, dünyanın en büyük doğal gaz şirketlerinden BG Group’un direktörü, halen de Global Resources Partnership şirketinin başkanı. Böyle bir kriz bekliyor muydunuz Ankara ile Moskova arasında? Rusya ile yaşamakta olduğumuz kriz, aslında beklenmedik şekilde, Moskova’nın Türkiye’nin sınırlarında denetimi ele geçirmek, Suriye ve Doğu Akdeniz üzerinde münhasır nüfuz alanı yaratma, bu çerçevede de Ankara’nın egemenlik haklarını ve sınırını koruma girişimlerini, uyarılarını dikkate almaması yüzünden patlak verdi. Benim beklediğim, Karadeniz, Hazar ve Kafkasya’da iki ülke arasında bir gerilimin patlak vermesiydi. Kırım,...

The Way Forward for the Bosphorus Energy Club’s Young Leaders in Energy Programme

28 November in Young Leaders in Energy

THE WAY FORWARD FOR THE BOSPHORUS ENERGY CLUB’S YOUNG LEADERS IN ENERGY PROGRAMME Istanbul, 26 November 2015 Prepared by Ersin Merdan at the request of Mehmet Ogutcu, Chairman, The Bosphorus Energy Club, and in consultation with several peers, for submission to the Young Leaders in Energy Programmeon 9 December 2015, only as a “food for thought”. This will benefit from your additional comments and suggestions.Please send them to me at What are the prominent examples of similar other programmes we can learn from? Future Energy Leaders (FEL)under the World Energy Council The Council’s Future Energy Leaders form a community of exceptional young professionals who...

Türkiye’de Rüzgar Enerjisi Santrali Nasıl Kuruluyor?


[vc_row][vc_column][vc_column_text]Rüzgar Enerjisi Dergisi | Mart - Nisan 2015, Sayı 3 Engin Deniz  Enerji Sistemleri Mühendisi Fosil yakıtların anlık tüketim hızı dünyada doğal fosil oluşum hızının 300.000 katına denk gelmektedir ki; bir günde bin yıllık oluşum tüketilmektedir. Ayrıca; hem çevreye zararları açı- sından, hem de yenilenebilir özelliğe sahip olmadığından alternatif enerji kaynakları araştırılmakta ve yaşam kalitesi yüksek olan ülkelerde temiz ve yenilenebilir enerji üretimi yollarına gidilmektedir. Araştırmalara göre CO2 emisyonunun üçte biri elektrik üretiminden kaynaklandığı için elektrik üretiminde yenilenebilir enerji kaynaklarına yönelmek bir zorunluluk olarak gözükmekte ve özellikle sayısı hızla artan rüzgar enerji santrali (RES) 20 yıl içerisinde dünya elektrik üretiminin %12’sini karşılayabileceği öngörülmektedir. Kısaca özetlersek; rüzgar türbinlerinden...

Egypt: The catalyst for a new eastern Mediterranean gas hub?

25 November in Uncategorized

Hürriyet Daily News |  November/25/2015 CONTRIBUTOR *Simone Tagliapietra/ **Georg Zachmann In recent years, the eastern Mediterranean has been a hot topic in international gas markets. Since the Tamar and Leviathan fields off the shore of Israel and the Aphrodite field off of Cyprus were discovered in 2009-2011, a number of export options have been discussed, including pipelines to Turkey or Greece and liquefied natural gas (LNG) plants in Cyprus, Israel and Egypt. Analysts have expressed hopes that the new gas discoveries might also pave the way for a new era of economic and political stability in the region. However, despite high expectations, progress has...

Proposal to create the East Mediterranean Energy Community

25 November in BEC IN THE MEDIA

 Hürriyet Daily News | Wednesday, November 25 2015 LEADING NEWS SOURCE FOR TURKEY AND THE REGION OPINION/ MEHMET ÖĞÜTÇÜ Chairman, The Bosphorus Energy Club After several weeks of consultations in various capitals from Ankara to Tel Aviv, Washington D.C. and Brussels, I believe that it is high time to propose a regional champion to advocate integration, partnerships, dispute settlement, data sharing, analysis and engagement with key stakeholders in a dynamic and informal setting, free from political animosities and tensions.   The strategic objective of the proposed new dynamic, informal, regional umbrella is to create the East Mediterranean Energy Community (EMEC). While hydrocarbon development and exports will constitute one...

BEC Chairman Mehmet Ogutcu addressed UOG conference, Tel Aviv

19 November in ANNOUNCEMENTS

[vc_row][vc_column width="1/1"][vc_column_text]Mehmet Ogutcu addressed UOG's Israel and the East Mediterranean Conference with his remarks on Israel: The Changing External Energy Landscape on 19 November 2015 in Tel Aviv, israel. [caption id="attachment_5093" align="aligncenter" width="550"] BEC Chairman Mehmet Ogutcu addressed UOG conference, Tel Aviv, 17 November 2015 on Israel's energy in the context of broader global dynamics.[/caption] [/vc_column_text][vc_column_text] [/vc_column_text][vc_cta_button call_text="Click here to download his presentation " title="Text on the button" target="_blank" color="btn-warning" icon="none" size="wpb_regularsize" position="cta_align_right" href=""][/vc_column][/vc_row]...