1. Turkey’s World in the Next Decade

2. Opening Scenario: 2012
Arab unrest has spread to oil-producing regions of several Gulf Cooperation Council countries, forcing periodic suspensions of oil production
Libyan oil has not come online as quickly as hoped and Algeria has production problems
United States has withdrawn from Iraq and decreased presence in Persian Gulf
Iran has emerged as a major military and political force in the region
Uncertainty over Venezuelan President Hugo Chavez’s illness has caused regime collapse
The majority of Venezuelan oil is now off the market
Oil prices have surged to more than $200 a barrel on speculation
Spot shortages in the oil market are becoming more frequent
There is no global power prepared to deal with the situation
Turkey and its neighbors must address the problem of regional energy security to maintain economic growth and regional stability

3. Turkey/Europe

4. Turkey Oil