Turkey’s energy ministry promises to launch gas hub within a year

The gas hub for Europe’s fuel supply via Turkey, including lost volumes from the Nord Stream pipeline, will start operating within a year. This was announced on Haber Global TV channel by the head of the country’s energy ministry, Fatih Donmez.

“The gas trading center will earn maximum during the year,” he said.

Donmez noted that thanks to the hub, it will be possible to sell more gas to Europe and diversify energy sources compared to Turkey. According to him, the work of this hub is particularly important for southern European countries and they are interested to know when it will be launched, TASS said.

Earlier, Donmez said that Turkey is able to supply Europe through the trading center on its territory with about 40 billion cubic meters of gas, which it still has in surplus after receiving 100 billion cubic meters of fuel. blue from abroad. Negotiations on this issue are underway with 15 states, including Azerbaijan, Iran, Persian Gulf countries, the minister said.

In October 2022, Russian President Vladimir Putin came up with the idea of ​​creating a gas hub in Turkey. It will be possible to redirect volumes lost in transit through the Nord Stream. In January, Donmaz announced that work to create the hub had begun.

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