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Free AccessErdogan Agrees to Turkish Hub for Russian Gas
Turkey will create a gas hub in the country for Russian gas which can be supplied to Europe according to Turkish President Recep Tayyip Erdogan today.
- "In Europe they are now dealing with the question of how to stay warm in the coming winter. We don’t have such a problem. We have agreed with Vladimir Putin to create a gas hub in our country, through which natural gas, as he says, can be delivered to Europe. Thus, Europe will order gas from Turkey," he said.
- Putin and Gazprom’s CEO first touted the idea last week which has been publicly supported by Erdogan and Turkish officials. Erdogan said he is in favor of establishing the hub as soon as possible and the most suitable place for it is the Thrace region in the European side of Turkey.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.