“There Will Be No Waiting” – Erdogan Eager To Act On Putin’s Offer To Make Turkey A ‘Gas Hub’ For Europe

“There will be no waiting,” Turkish President Recep Tayyip Erdogan said Friday in his first official statement on the Russian proposal for Turkey becoming a Russian gas hub for Europe.

Both leaders attended and met at a regional summit in Kazakhstan, where Putin floated a plan for exporting more gas – which has been blocked through main European hubs due to the Ukraine invasion and also ‘mystery’ sabotage attacks on the Nord Stream pipelines – through the TurkStream pipeline, which runs under the Black Sea. 

Both said they are now quickly moving forward, laying the groundwork for technical plans. “Together with Mr. Putin, we have instructed our Ministry of Energy and Natural Resources and the relevant institution on the Russian side to work together,” Erdogan said following the meeting with Putin.

“They will conduct this study. Wherever the most appropriate place is, we will hopefully establish this distribution center there,” the Turkish leader added. Erdogan had suggested Thrace as an ideal location in his comments to the press.

Separate follow-up comments by Foreign Minister Mevlut Cavusoglu indicated that Turkey sees itself in a position to alleviate Europe’s energy crisis, also at a moment it is putting itself forward as a reliable ‘neutral’ mediator toward ending the war in Ukraine

“The weakening of Europe in all aspects is not in Turkey’s interest. On the contrary, it is against (Turkey’s interests,)” Cavusoglu said. “This is a matter of supply and demand. How much of Europe … is ready to buy gas from such a project? This needs to be worked out together.”

As for Europe, leaders are likely only to this as another ploy by Moscow to sow division among NATO as well as EU countries in their united stance against Russia, and as they struggle to agree on punitive energy measures against Moscow, yet in a way that doesn’t blow back worse on European populations and the economy.

So far, of course, this delicate tightrope attempt – including also efforts to cap Russian oil prices – have only backfired and exposed inter-EU tensions and fractures, given the strong resistance of countries like Hungary and Bulgaria.

Turkey, in even entertaining the new Putin proposal and now signaling it’s moving forward with studying it, has throughout the Ukraine conflict proven itself to be an outlier when it comes to its Western allies’ united strong stance against Russia, ZH reports.

Putin offers Türkiye deal on EU gas supplies

Russian president suggests creating a major energy hub in the transcontinental country

Putin offers Türkiye deal on EU gas supplies
Turkish President, Recep Tayyip Erdogan (L) meets Russian President Vladimir Putin (R) on the sidelines of the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Astana, Kazakhstan on October 13, 2022. ©  TUR Presidency/Murat Cetinmuhurdar/Anadolu Agency via Getty Images

The hub could also become a platform for determining gas prices, avoiding the politicization of this issue, Putin said.

“In the course of the work of this hub, which we could create together, of course, it would also be a platform not only for supplies, but also for determining the price, because this is a very important issue – the issue of pricing,” Putin told Erdogan.

He called the current cost of gas “sky-high,” adding that “we could easily regulate [them] at a normal market level, without any political overtones”.

The proposal comes as Russia looks to redirect supplies away from the Nord Stream gas pipelines, damaged in explosions last month.

The president noted that Russia supplies gas to Türkiye at full scale, adding that Ankara has become the most reliable partner for the transit of Russian energy resources to Europe.

Putin first suggested the creation of a gas hub in Türkiye on Wednesday during his address at the Russia Energy Week conference. He said that Moscow could move the transit volumes lost through the damage to the Nord Stream pipelines to the Black Sea region, by establishing a ‘gas hub’ in Türkiye for EU supplies.

He pointed out it was possible to repair the damaged pipelines but that Russia and the EU should decide their fate, RT reports.

Leave a Reply

WP Twitter Auto Publish Powered By : XYZScripts.com