Hydrocarbon 'Hail Mary': Turkey joins the club
Strategy Note / Global

Hydrocarbon 'Hail Mary': Turkey joins the club

  • Oil and gas discoveries often hyped as saviours of current accounts, currencies, growth and geopolitical independence

  • Turkey joins the 'Hydrocarbon Hail Mary' club: some (Egypt, Israel) more successful than others (Kenya, Pakistan)...

  • ...But, in no country has an oil and gas discovery alone rescued the macroeconomy; Turkey is likely to be no different

Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
21 August 2020
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