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Natural gas & LNG

Middle East & Africa January 2019

Regional analysis & forecasts
Economic overview

Renewed tensions with the United States have the potential to worsen Turkey’s economic growth prospects.

Turkey’s involvement in Syria is now a source of tension with the US. In December, US President Donald Trump decided to pull American troops out of Syria. The move isolated Kurdish forces in the country allied to the US. Meanwhile, Turkish President Recep Tayyip Erdogan has vowed to launch an offensive against the Kurdish militia, which Turkey considers to be terrorists. Trump has warned the US will inflict “economic devastation” on...