RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: SNB CUTS KEY POLICY RATE BY 50 BPS TO 0.5%

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Turkish Gas Hub Remains on Agenda: Putin

NATURAL GAS

A Turkish gas hub for redistributing Russian gas remains in the agenda according to Putin on Saturday.

  • "I want to make it clear that this is not oil or an oil storage facility, this is gas. Both we and our Turkish friends know this. We are talking about creating an electronic trading platform. We are not going to store gas there in huge volumes. It's just a convenient place to organize such an electronic trading platform, because Turkey has become a transit country for Europe," Putin explained.
  • The hub is designed to help Russia move gas volumes it can no longer transit via Nord Stream.
  • According to Putin, he and Turkish President Tayyip Erdogan have agreed to hold phone talks on Wednesday.
  • Numerous European leaders have been clear they would not purchase Russian gas from the Turkish hub.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.