Posted: 17.01.2023 12:23:00

Ankara, Moscow working on gas hub project

Turkiye and Russia are working on a gas hub project, which is an initiative of the Russian Federation, and demand of European countries is now being studied – as informed by Turkish Foreign Minister Mevlut Cavusoglu, RIA Novosti reports

Photo: www.ria.ru

The presidents of Russia and Turkiye earlier instructed to work out in detail the issue of creating a gas hub in Turkiye – to transport gas supplies from the damaged Nord Stream. As explained by Russian Deputy Prime Minister, Aleksandr Novak, this means not only the creation of a trading platform in Turkiye, but also the development of infrastructure and an increase in supplies in the southern direction. According to him, other countries can also take part in the project: Algeria, Qatar and Azerbaijan also supply gas to Europe in the southern direction.

"As for the gas hub project proposed by Russia, the two states’ ministries are working on it. Actually, this proposal is focused on Europe, so European countries’ demand is needed. Work is underway now to study whether the latter is present. The upcoming gas forum in Istanbul will be important in this regard," the Turkish Foreign Minister said at a press conference with his Italian counterpart in Ankara.