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Hürriyet Daily News Tag

Killing the perennial lies in the EU-Turkey relationship

10 July in BEC IN THE MEDIA

Hürriyet Daily News | 10 July 2017   In view of the stark realities of today, Turkey is a long way from securing full EU membership and both sides should explore down-to-earth and “win-win” strategies to avoid one crisis after another. The debate over whether Turkey qualifies for EU membership, or whether, as a predominantly Muslim country, it will ever accept the rigors of the acquis communautaire, is a dangerous distraction. Yet, for the past 20 years or...

Forging a new and realistic partnership with the ‘Turkic world’

03 January in BEC IN THE MEDIA, PUBLICATIONS & MEDIA

Hürriyet Daily News |  January/03/2017 Mehmet Öğütçü It is possible to travel from China’s Xinjiang-Uyghur Autonomous Region in the east all the way to the Adriatic shores in the west speaking nothing but Turkish. Most people living in this vast geography belong to the Ural-Altaic language family, sharing common historical, religious, cultural and ethnic ties. When the Soviet Union collapsed in 1991, this area - possessing many of the world’s vital natural resources, where the “Great Game” was...

Any optimism in the Chinese ‘Rooster Year?’

26 December in BEC IN THE MEDIA, PUBLICATIONS & MEDIA

Hürriyet Daily News | December/26/2016 Mehmet Öğütçü LONDON - As the world is preparing to leave 2016 behind as a year fraught with political surprises, financial crises and market volatility, governments and businesses including those in Turkey have started to set their eyes on what the next 12 months have in store for them politically and economically. Clearly, global risks are more elevated and more interconnected than we have ever seen before and demand a proactive and integrated...

Rex Tillerson and a positive agenda for Turkish-US ties

20 December in BEC IN THE MEDIA

Hürriyet Daily News | December 20.2016 Mehmet Öğütçü |  Donald Trump is giving signs at every opportunity that he will follow a very different line from the past U.S. presidents we have known until now, and that his management style will not be much different than that in his own real estate business. In the run-up to Jan. 20, 2017, when he will take over from Barack Obama, he has almost completed his cabinet, filling it largely...

Losing a friend in the EU but gaining a better partner in Europe

11 July in BEC IN THE MEDIA, PUBLICATIONS & MEDIA

Hürriyet Daily News | 11 July 2016 MEHMET ÖĞÜTÇÜ Irrespective of what U.K. Prime Minister David Cameron said during the Brexit campaign about Turkey perhaps not joining the EU for the next several decades, and the street posters frightening the public about the 78 million Turks flocking to the U.K. if the Remain vote was to prevail, the U.K. has been historically a strong friend of Turkey bilaterally, in the transatlantic partnership and as a standard bearer...

Time to demonstrate a genuine partnership of equals in Ankara and Brussels

14 March in BEC IN THE MEDIA, PUBLICATIONS & MEDIA

Hürriyet Daily News | March 14 2016   CONTRIBUTOR: MEHMET ÖĞÜTÇÜ, STEPHEN JONES Time to demonstrate a genuine partnership of equals in Ankara and Brussels There is a deep unease among Turks that the European Union will wash its hands and conscience of the worsening Syrian refugee situation by extending a colossal handout - now 6 billion euros - to Ankara to make this escalating political problem go away. Meanwhile, judging by the media coverage of the recent EU-Turkey summit...

Making diplomacy work for business and vice versa

28 February in BEC IN THE MEDIA, PUBLICATIONS & MEDIA

Hürriyet Daily News | February/16/2016 MEHMET ÖĞÜTÇÜ & EMRE DOĞRU Undoubtedly we are going through turbulent times not so good for business deals and quality investment unless it is a high risk, high return transaction. Geopolitical and economic troubles today are creating a risk-ridden environment for governments and businesses across the world. Turkey is no exception. Policy-makers are striving to mitigate political and security risks for themselves and their corporations, while business leaders are seeking new frontiers of value...

Turkey to extract opportunities out of many crises

18 January in BEC IN THE MEDIA

Hürriyet Daily News | January/18/2016 MEHMET ÖĞÜTÇÜ - STEPHEN JONES There is a Chinese word for “crisis,” which is the same as that for “opportunity.” So many crises are unfolding in Turkey’s backyard, posing serious security and economic challenges. Yet, perhaps no country more than Turkey could potentially benefit or enhance its position if it manages them with foresight and the smart “soft power” instruments at hand. One area is quite obvious in this regard. Turkey’s prospects for closer political...

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...

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...

China’s One Belt and One Road – Quo Vadis?

27 October in ENERGY ACADEMY

Hürriyet Daily News | October/27/2015 Mehmet Öğütçü |  China’s Silk Road initiative is a real game-changer, irrespective of whether it will succeed or not as planned, in realizing its ambitious one belt and one road project. It is the brainchild of ambitious President Xi Jinping, who wants to leave behind a lasting legacy while at the same time connecting China to the world’s high value markets and sources of energy and raw materials. China hopes that its annual trade...

What does the future hold: Cables or pipelines?

07 July in BEC IN THE MEDIA, ENERGY, ENERGY ACADEMY

Hürriyet Daily News | July/06/2015 Mehmet Öğütçü and Julian Popov* When we talk about energy cross-border infrastructure or energy security we usually focus on pipelines, tankers and increasingly on liquefied natural gas (LNG) carriers and terminals. The world of energy however is transforming fast and there is a good chance that high voltage power cables will become strong competitors of the oil and gas pipelines and the maritime routes.  Today China is the biggest investor in high voltage direct...

New energy dynamics: The time is here for a new international energy governance

16 April in ENERGY, ENERGY ACADEMY

Hürriyet Daily News | 13 April 2015 Mehmet Öğütçü – Urban Rusnák* Rapidly changing energy dynamics are set to determine the course of our economic development, complex geopolitical confrontations, amazing technological breakthroughs and massive investment and trade flows. As a result, the newly emerging energy game, with players and rules that have changed beyond recognition over the past two decades, will continue to stay in the spotlight. The way that global and local energy businesses, technology companies and financial...

More collaborative thinking needed on European gas markets

28 March in ENERGY, ENERGY ACADEMY

Hürriyet Daily News | March/28/2015 CONTRIBUTOR | MEHMET ÖĞÜTÇÜ - CHRISTIAN SCHWARCK There is a Chinese character that equates crisis with opportunity. We face such a situation as the energy market turbulence, created by the oil price collapse, declining investments and geopolitical tensions, is in full swing. The process of adjustment in the energy market is far from over. The European Union’s political leaders and mandarins in Brussels have grasped the opportunity to move forward with a series of new initiatives...

Energy: A new world challenge and a complex dilemma for Turkey

02 March in BEC IN THE MEDIA, ENERGY, ENERGY ACADEMY, GEOPOLITICS

Hürriyet Daily News | March 2, 2015  MEHMET ÖĞÜTÇÜ The ongoing energy crisis, originating from the substantial and totally unexpected drop in the price of oil, is nothing like what we have seen before. The historic slide has roiled the energy sector, with fallout ranging from stalled oil and gas developments to bankruptcy filings and imbalances in consumer countries. The lack of new investments in production because of uncertainties could push prices much higher in 2017 and 2018...

The Turkish Stream: Where to go from here?

29 January in ENERGY, ENERGY ACADEMY, GEOPOLITICS

Hürriyet Daily News | January 29/2015 Mehmet Öğütçü / Danila Bochkarev |  The landmark agreement on the Turkish Stream reached on Jan. 27 shows Moscow’s determination to avoid Ukrainian transit at all costs and start its implementation without delay. If all goes well, natural gas currently flowing from Russia to the EU via Ukraine will in the future only be delivered via Turkey through the Turkish Stream. This decision followed an announcement of an important change in Gazprom’s business...

Privatization: Who will run Istanbul’s gas grid?

15 November in ENERGY, ENERGY ACADEMY

Published by: Hurriyet Daily News | 15 November 2014 |    Mehmet Öğütçü | The coming tender to privatize the distribution of Istanbul’s gas to its 5.1 million customers should not be seen as a simple commercial transaction of “whoever pays the most in the bidding round will win the contract.” It is rather strategic for many reasons affecting Turkey’s energy security, investment climate, environmental quality and trading ties. Most of all, it is strategic due to the magnitude of...

Forging a new ‘EU-Turkey gas initiative’ in the aftermath of the Ukraine crisis?

23 September in ENERGY, ENERGY ACADEMY

Published by: Hürriyet Daily News Date: September/23/2014   MEHMET ÖĞÜTÇÜ / SIMONE TAGLIAPIETRA The ongoing game-changers in energy and geopolitics will likely force Ankara and Brussels to consider a joint strategy over how to achieve gas supply security, particularly in view of what’s happening in the Black Sea region, the Western sanctions against Russia and the re-opening of the Pandora’s Box in the Middle East. With Russia’s annexation of Crimea heightening tensions with Europe, there have been renewed calls to...

Need for developing our new generation of business leaders

30 June in ENERGY ACADEMY

Published by Hurriyet Daily News | Date: June/30/2014MEHMET ÖĞÜTÇÜ / ANDREW ROSCOE [caption id="attachment_1719" align="alignleft" width="200"] Mehmet Öğütçü[/caption] [caption id="attachment_1781" align="alignleft" width="200"] Andrew Rescoe[/caption] We have a serious gap in world-class leadership in both governments and corporates. With changing times, the old qualities of personal charisma, God-gifted stature, and the power to mobilize people and get things done still matter – but they are no longer enough. As the world economy, business, technology and geopolitics have gone through a major power...

Turkish-US Energy Partnership II

02 June in ENERGY, ENERGY ACADEMY

Published by Hurriyet Daily News | June/02/2014MEHMET ÖĞÜTÇÜ, PAUL MICHAEL WIHBEY For both Washington and Ankara, the stakes are high, possibly higher than many experts and officials in the two capitals realize. Not only is a new Eurasian economic partnership of significant proportions emerging to the north and east of Turkey’s borders, but the shift in the global balance of power emanating from this new energy-driven partnership could send powerful and consequential reverberations into the Caspian and Middle...