Events in Ukraine moved energy security back to the top of foreign policy agenda. Energy diversification and reducing dependence on Russian supplies is essential for Turkey and the EU as well. We discussed with Mr. Mehmet Öğütçü, former Turkish diplomat, chairman of the Global Resources Partnership in UK and The Bosphorus Energy Club in Istanbul, Turkey’s position in the world energy, the role of Russia as an energy giant, the effects of the ongoing war in Iraq, and how the Kurdish oil, Iran’s ambition and newly found Israeli natural gas fields can change the energy picture. Where does Turkey stand in the world energy? With energy prices declining, economic slowdown beginning, geopolitical tensions flaring up in Eurasia, the Middle East and East Asia, and investors taking a wait-and-see attitude, we are undoubtedly going through yet another tumultuous time in history that will likely have a bearing on energy security for both Turkey and the broader energy producing, transiti...