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Turkey launches work on gas hub project proposed by Russia – energy ministerATN News

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ANKARA (UrduPoint News / Sputnik – 3rd January 2023) Turkey has started work on the gas hub project proposed by Russia, Turkish Energy Minister Fatih Donmez said on Monday.

“We intend to benefit from this project, there are opportunities and terminals for this,” Donmez said in an interview with TVnet.

According to the minister, Ankara has already started concrete work.

“Our preliminary preparation time is a year, now we are assessing the infrastructure and details,” Donmez added.

He noted that the interest of European countries in the project may increase over time.

“We will not tie the price to anyone. It will be a kind of supermarket where there are offers,” said Donmez.

On October 12, Russian President Vladimir Putin said that Moscow could divert gas transport from the damaged Nord Stream pipelines to Turkey. The next day, Putin and his Turkish counterpart, Recep Tayyip Erdogan, discussed the idea during their face-to-face meeting in Astana. On October 14, Erdogan said that the two leaders had instructed relevant energy authorities in both countries to study in detail the prospects of creating a gas hub in Turkey.

On December 23, Russian Deputy Prime Minister Alexander Novak said Gazprom had started working with its Turkish counterparts and other potential partners in the gas hub project. He said the final decision on creating a gas hub in Turkey could be made in 2023.

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