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Russia's Gazprom, Turkiye Discuss Construction of Int’l Gas Hub at SPIEF - Company

© Sputnik / Maksim Blinov / Go to the mediabankExpoForum in the run-up to the 2017 St. Petersburg International Economic Forum
ExpoForum in the run-up to the 2017 St. Petersburg International Economic Forum - Sputnik International, 1920, 07.06.2024
ST. PETERSBURG (Sputnik) - Gazprom CEO Alexey Miller and Turkish Energy Minister Alparslan Bayraktar have discussed bilateral cooperation during the St. Petersburg International Economic Forum (SPIEF), including the development of an international gas hub, the company said on Friday.
"A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Turkiye, took place today at the St. Petersburg International Economic Forum 2024. The parties discussed relevant issues pertaining to their cooperation. Specifically, attention was paid to Russian gas supplies to Turkiye and the project for creating an international gas hub," Gazprom said in a statement.

The gas hub was first discussed in October 2022. At that time, Russian President Vladimir Putin suggested redirecting gas transit from the blast-damaged Nord Stream pipelines to Turkiye. Last December, Russian Deputy Prime Minister Alexander Novak said that Gazprom and Turkiye had agreed on preparing a road map for the Turkish gas hub, with further decisions on the project to be made soon.

A worker of Russian gas and oil giant Gazprom works on February 18, 2015 in Novoprtovskoye oil and gas condensates oilfield at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District, 250 km north of the town of Nadym, northern Russia - Sputnik International, 1920, 04.09.2023
What is the Russia-Turkiye Gas Hub and Why is It Important?
The Russian city of St. Petersburg is hosting the 27th edition of SPIEF from June 5-8. Last year, the forum drew 17,000 participants from 130 countries and saw the signing of more than 900 agreements.
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