27 Dec 2023 12:05

Novak hoping that Turkey gas hub begins operating in 2024

MOSCOW. Dec 27 (Interfax) - Russian Deputy Prime Minister Alexander Novak expects the gas hub in Turkey could start operating in 2024, he said.

In an interview with the Rossiya 24 TV channel, he said, "This is a very promising project; the creation in Turkey of an electronic platform for quoting prices for gas supplied to South-Eastern Europe. Turkey is a transit route for gas shipments to Europe from various sources."

"Today it is necessary to use the successful experience of Russia and Gazprom in pricing, which we have on an electronic platform in St. Petersburg. We agreed with our partners on the preparation of a roadmap, which will be adopted in the near future, and we will use its parameters to ensure the project gets underway. Our Turkish partners will visit St. Petersburg soon to get acquainted with our experience, and I am sure it will be useful in ensuring the organization of a similar electronic platform and hub in Turkey," the Deputy Prime Minister said.

"Let's hope next year sees this project getting underway," Novak said.