Russia Plan for Turkey’s Gas Hub Is Still on Agenda, Putin Says

The idea of creating a gas hub in Turkey is still on the table and yet if it’s established, it would be an electronic trading platform rather than a physical facility to store large volumes of Russian gas, according to President Vladimir Putin.

The Kremlin came up with the plan to establish a major gas-trading hub in Turkey last October after its energy relations with the West reached its lowest point in decades following Russia’s invasion of Ukraine. Back then, Putin talked about potentially building additional Black Sea links toward Turkey to make this route Russia’s main westbound gas-export facility.