Russia moots plan for making Turkey a major hub for its gas supplies
Russian President Vladimir Putin has proposed establishing Turkey as a hub for delivering gas supplies to the EU, in response to the multiple leaks that have rendered the Nord Stream 1 and 2 pipelines inoperable. The proposal has been warmly received by the government in Ankara, but implementing such a project may prove difficult. Turkey could face a potential backlash from the West, while Russia would likely have to cover most of the funding. The project also assumes that some parts of Europe will continue buying Russian gas, despite the EU’s ambition to phase out imports, and increasing access to LNG and other alternative sources of supply.
Putin discussed the proposal with his Turkish counterpart Recep Tayyip Erdogan on the sidelines of a regional leaders summit in Kazakhstan’s capital Astana.
“If Turkey and our possible buyers in other countries are interested, we could consider building another gas pipeline system and creating a gas hub in Turkey for sales to third countries, especially, of course, the European ones, if they are interested in this, of course,” Putin said.
Erdogan noted that both Turkey and Russia had instructed their respective energy authorities to immediately start technical studies on the plan. According to Gazprom CEO Alexei Miller, the project could involve constructing new pipelines in parallel to the existing TurkStream pipeline.
https://www.msn.com/en-us/news/world/russia-moots-plan-for-making-turkey-a-major-hub-for-its-gas-supplies/ar-AA1303T2
= new reply since forum marked as read
