Turkey can serve as a transit point for the supply of Russian gas to the European market, Deputy Minister of Energy and Natural Resources Alparslan Bayraktar said on Thursday during a speech at the Baku Energy Forum.
“Turkey wants to use the entire infrastructure for domestic production in the context of domestic consumption and transportation of gas to foreign markets, including European ones, for existing suppliers through the pipelines of Azerbaijan, Russia and Iran,” Bayraktar said.
According to him, Ankara could also help in the transit of resources from Turkmenistan, Iraq, and the Mediterranean.
Russia is one of the major gas suppliers to Turkey, accounting for about half of the country’s imports. Gazprom supplies the fuel via the Turkish Stream and Blue Stream pipelines.
READ MORE: Turkey outlines position on Russian gas
The two-string offshore Turkish Stream pipeline was launched in 2020. It was built as an alternative to the South Stream pipeline (after Bulgaria ditched the project in 2014) and boasts a total capacity of 31.5 billion cubic meters. One of the lines supplies Russian gas to Turkey, while the other serves the nations of southern and southeastern Europe.
For more stories on economy & finance visit RT’s business section
© 2022, paradox. All rights reserved.
Moscow will retaliate against British targets in Ukraine or elsewhere if Kiev uses UK-provided missiles…
Ukrainian President Vladimir Zelensky cannot enlist God in Kiev’s fight against Moscow, the Russian Orthodox…
Ukrainian President Vladimir Zelensky has proclaimed that God is an “ally” of Ukraine in the…
Israel is willing to pause its military offensive in Gaza if Hamas releases all the…
The EU’s top diplomat, Josep Borrell, has admitted that not every member state agrees to…
Russia’s Defense Ministry has published a video clip from the front line with Ukraine showing…