It is not clear how many of the problems are due to poor planning or bad intent. But there is little doubt that Turkey's injured economy can ill afford to buy gas from the most expensive source. At this critical point, Turkey's energy plans seem to be facing a host of problems that could threaten completion of pipeline plans. Investigations may slow the building of power plants, while fiscal discipline may force an end to the excessive commitments to buy imported gas. The government also faces the crucial test of whether it will allow investigations to proceed.
Foreign lenders seem to be coming to Turkey's aid, as they have in the past.
But they could prove reluctant to keep financing a system that has created so many problems for itself. For information about the content or for permission to redistribute, publish or use for broadcast, contact our syndication department.