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Putin Highlights Turkey Gas Hub Expansion Opportunities

NATURAL GAS

The creation of an electronic gas trading platform is necessary for the Turkish gas hub project planned with Russia according to Putin at the Russian Energy Week Wednesday.

  • Azerbaijan is also interested in the project he added.
  • "First of all, we are talking about creating an electronic platform for gas trading to the European continent. Everyone is interested in this: both our Turkish friends and us, but also everyone who wants to buy our resources on the European continent," Putin said.
  • He said Russia was still supplying Europe with gas via the Turkish Stream and Blue Stream pipelines.
  • "[The gas pipelines] are working efficiently, fully filled. In principle, we have ideas to expand these opportunities. But I repeat: the first stage is the creation of an electronic trading platform. We do not see any big problems in its creation: Turkey is interested, we are also interested," Putin said.

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