Is the regular press on oil and gas potential in Turkey. This is getting incredible amounts of exposure over the past year and it is not slowing down. I am not concerned about this investment whatsoever, especially at current levels.
Here are some recent articles:
Take a look at the conclusion of this article from Jan 31, 2013:
So where do you put your money? Turkey – no contest. This is a combination package that includes good governance, good fiscals, brilliant infrastructure and a clear pay off as soon as the juniors and majors strike shale. This is a solid, long-term play whose importance to Turkey’s overall energy ambitions cannot be understated.
Read more: http://www.economicvoice.com/betting-on-mediterranean-shale-3-plays-1-winner/50034550#ixzz2KoJ26tw6
They are even holding a 2013 Gas summit in Turkey and opportunities and challenges in Turkey is one of the major topics. Ref: http://www.wplgroup.com/aci/conferences/eu-eug2.asp