“If Turkey and our potential buyers are interested, we could consider building a new gas pipeline and creating a gas hub in Turkey for sales to third countries, mainly Europe,” Putin offered his Turkish counterpart Recep Tayyip. a meeting on Thursday. In addition, there could also be a gas exchange for pricing in Turkey, Putin suggested.
The Russian president praised the Turkstream pipeline, which runs through the Black Sea to Turkey and southern Europe, as the safest route for Russian gas. At the end of September, both lines of the Nord Stream 1 pipeline leading from Russia to Germany and one of the two lines of Nord Stream 2 in the Baltic Sea were damaged by explosions. EU and NATO representatives then spoke of sabotage. Putin himself spoke of an “international terrorist attack” on Wednesday and said he believed the United States could be behind it.
The Turkstream line was also supposed to be blown up, Putin claimed, but it didn’t. Turkstream continues to function reliably. Turkey is therefore a logical choice for building a distribution point and gas-fired power station.
“Today prices are sky high and we can safely regulate them there to a normal market level without any political overlay,” Putin said. The meeting of the two heads of state in Astana, in Central Asian Kazakhstan, took place on the sidelines of the Conference on Cooperation and Confidence Building Measures in Asia (CICA).
(SDA)
Source: Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
