VOL. XLII

No. 19

10-May-1999

TURKEY

Turkey痴 Estimated Gas Demands Suggest Prospect OfOversupply

Turkey痴 demand for natural gas is expected to increasedramatically over the next 20 years, but according to a recently-publishedreport by the London-based financial institution Dresdner Kleinwort Benson(DKB), demand estimates have been optimistic to the point that Turkey faces theprospect of oversupply. This, the report concludes, does not bode well for theproposed Trans-Caspian natural gas pipeline,...