New regional gas market dynamics under LNG expansion and the shale gas revolution

Brenda Shaffer Speaking at the Atlantic Council’s IN TURKEY Program Conference

Prof. Brenda Shaffer, Nonresident Senior Fellow at the Atlantic Council’s Global Energy Center agreed with Ali Shahbazov that Europe is going to need more gas in the future. Shaffer argued that while there is a lot of rhetoric about competition between projects, there is room for much more gas in Europe, so it isn’t really a zero-sum game. In this context, Shaffer argued that Turkey plays an important role as a transit country for gas, but not as a gas hub.  She said gas hubs also carry risk with them, while being a transit country brings the same geopolitical and economic clout.

Source: https://www.atlanticcouncil.org/commentary...