Turkey to host summit of gas buyers, sellers next month

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Turkey will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe's consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday.

"We will bring together supplier countries from the Middle East, Mediterranean, Caspian and Middle Asia with consumer countries from Europe," Donmez said.

Turkey, which has little oil and gas, is highly dependent on imports from Russia, Azerbaijan and Iran, as well as LNG imports from Qatar, the United States, Nigeria and Algeria for its gas.setting up a gas hub in Turkey following explosions that damaged Russia's Nord Stream gas pipelines under the Baltic Sea.

Some Western capitals were concerned that a Turkish hub including Russian gas could allow Moscow to mask exports that are sanctioned by the West over the Russian invasion of Ukraine. Turkey has the infrastructure and experience in gas trade and authorities are taking steps for it to be a hub where regional benchmark prices are set, Donmez said.

"Our target is to bring together supplier and consumer countries and become the gas-trading center where the benchmark price of gas is set," Donmez said after separately announcing a

 

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No thx

That’s a disgrace.

Good news

not turkey, actually Türkiye

Sure they do. Remember Turkey was the 1 trader of the oil ISIS was stealing from Iraq and Kurdistan. Erdogan plan was to support ISIS and flood Europe with immigrants. Now they call it a ‘summit’. And rest assured the global mafia oil lords will be there big time.

Get rid of Turkey in NATO.. There on the Russians side....

The absurd sanctions of Europe and America gave the Turks great courage.

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