Looking to Europe, Turkey increases investment in Azeri gas
Turkey paid the French company $1.45 billion to increase its share in gas from Azerbaijan’s Shah Deniz-2 gas field from 9% to 19%.
Turkey wants to free itself from foreign dependence on energy following the realization that the cost of energy was the main cause of the $65.1 billion deficit in 2013.
As of June, the current deficit is $52.176 billion, marking a $13 billion improvement.
