Erdogan spoke about the advantages of creating a gas hub in Turkey
"We will implement various projects for energy supplies to Europe and other countries through our country. The establishment of a natural gas center in Turkey will allow for progress in energy supplies. In addition, it will have a positive impact on energy prices," Turkish media quoted Erdogan as saying on his return from Sochi.
He also said: "We will turn our country into an important gas center thanks to our investments in recent years."
The day before, Russian President Vladimir Putin and Erdogan held talks in Sochi.
During the meeting with the Turkish leader, Putin indicated that Russia has made progress in negotiations on the creation of a gas hub in Turkey, and expects their completion soon.
In turn, Erdogan noted: "The creation of a gas hub in the Thracian region will enrich our relations."
As reported, in October 2022, Putin took the initiative to lay additional gas pipeline lines from Russia to Turkey along the bottom of the Black Sea, as well as to create a gas hub on the EU border, which could become an alternative to other gas price determination centers in Europe.
Gazprom PJSC reported that together with Turkish partners it is working on the issue of creating a gas hub in Turkey. The Russian side presented its concept of the facility, parameters and principles of its functioning.