May 2, 2024

Athens News

News in English from Greece

Disagreements between Russia and Turkey delay the construction of a gas hub


Who should be responsible for the gas hub in Turkey? The dispute on this issue between the Russian Federation and Turkey is delaying construction.

How reports Reuters, citing a source familiar with the matter, plans to create a gas hub have been shelved as Moscow and Ankara argued over control of it. Another source close to Kremlin-controlled gas giant Gazprom acknowledged a “problem” with governance issues.

The publication asked the Turkish Ministry of Energy and Gazprom for comments, but did not receive them.

For Russia, this hub is a way to change the route of its gas exports at a time when European countries have sharply reduced purchases. Moscow hopes to sell part of the gas through Turkey to those states that do not want to buy it directly from Russia.

Now Moscow supplies gas to Turkey through the Blue Stream and Turkish Stream pipelines, across the Black Sea. Gas through the latter is also exported to Southern and Eastern Europe, including Hungary, Greece, Bosnia and Herzegovina, Romania and Serbia.

At a meeting with Tayyip Erdogan on September 4, Putin said that Gazprom had handed over a roadmap for the hub to Turkish energy company BOTAS.



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