International gas distribution center to be established in Istanbul

December 28. /MEDIA TALK/. The Turkish authorities have announced the preparation of a project to establish an international gas hub infrastructure in Istanbul. The business newspaper Ekonomim writes about this. It is planned to move the energy trading platform to the financial center of Istanbul and organize a global commodity exchange for carbon trading on its basis. In 2025, a natural gas trading center is expected to be launched in Istanbul, which will be implemented jointly with the Turkish company Botas and the Russian company Gazprom.


Photo: ru.freepik.com

The idea of developing a gas hub in Turkey was announced by Russian President Vladimir Putin in October 2022, as an alternative to the destroyed Nord Stream pipeline.

The day before, we told you that gas reserves in European storage facilities have dropped below 75%.