Energy and Natural Resources Minister Taner Yıldız said that no sector, particularly the energy sector, can tolerate political instability, adding that the Crimean and Middle Eastern crises have an impact on energy prices. Delivering a speech at the 12th International Oil, Liquefied Petroleum Gas, Mineral Oil, Equipment, Station Market Products and Technology Fair in Istanbul, Yıldız said that the decline of 4 million barrels in daily oil production, which stems from Libya, Iraq and Iran, is being compensated by the U.S. and other countries, adding: "Over the past eight months, capital transfer has shifted from producing countries to consuming countries. The decline in crude oil prices is very positive both for the public budget and people." Underlining the significance of oil, which provides 85 percent of the world's energy, Yıldız said that even if natural gas and liquefied petroleum gas (LPG) surpass oil in terms of proportion, oil's share in energy will not fall below 75 percent. Therefore, it is planned for the upcoming days that LPG can move away from its Qatari origin and shift toward larger countries, and a significant portion of the natural gas, which is carried through pipelines, can be carried along with liquefied natural gas (LNG) cargo, Yıldız said, continuing: "We must say that with the increasing LNG trade, both the LPG and LNG sectors will see a large boom." 1,000 megawatts of installed power has been put into use over the past three months and 90 percent of it is generated by domestic resources such as wind, hydroelectric and coal power plants. Touching on the privatizing and liberalizing of energy restructuring, he suggested that they should be improved further. In reference to Turkey's advantageous position resulting from its location, Yıldız said that energy projects such as the Baku-Tbilisi-Ceyhan pipeline and Turkish Stream are closely monitored by countries worldwide. Saying that Turkey ranks fifth, 13th and eighth in natural gas, oil and coal imports in the world, respectively, he said that the imports of energy and transportation items, which have a significant impact on the current account deficit, have been positively affected by the past eight months of developments in the world.