China and Russia: Facing Challenges of Global Shifts. Opening Ceremony and Session 1

China and Russia: Facing Challenges of Global Shifts. Opening Ceremony and Session 1
05.04.2017

Kumbaroğlu: Situation in Middle East Heading Toward Stabilization

Kumbaroğlu: Situation in Middle East Heading Toward Stabilization
06.04.2017

Speech of Russian Deputy Minister of Economic Development Stanislav Voskresensky and Session 5

Speech of Russian Deputy Minister of Economic Development Stanislav Voskresensky and Session 5
06.04.2017

Kumbaroğlu: Situation in Middle East Heading Toward Stabilization

Gürkan Kumbaroğlu, Professor of Engineering Economics, director, founder and chairman of the Turkish Association for Energy Economics at Boğaziçi University, talks about the political situation in the Middle East and possible consequences for the energy markets.

According to Kumbaroğlu, the current situation is heading toward stabilization despite alarming trends and overall unpredictability. For example, the Russian oil giant Rosneft recently signed an agreement with the Kurdish Regional Government in Iraq, while KRG President Masoud Barzani visited Turkey in the same week and had a productive meeting with President Erdogan, despite the extremely difficult situation in the region.