To create a gas hub in Turkey, it was necessary to change the legislation

It is planned to create a hub for gas, mainly Russian, on Turkish territory. To create a gas hub in Turkey, it was even necessary to change the legislation.

Turkish Minister of Energy and Natural Resources Fatih Donmez spoke about this in an interview with CNN Türk.

We have the opportunity to become an important trade center to Eastern European countries

- he said, referring primarily to Russian gas supplies in transit through Turkey.

Donmez explained that the current legislation is designed exclusively for domestic consumption of energy resources and contains a number of restrictions that will be lifted for the sake of freer access to foreign markets. According to him, Turkey's domestic market annually consumes 50-60 billion cubic meters of fuel. Now it is possible to receive up to 100 billion, and resell the surplus to other countries.

After the parliamentarians finish their work with legislative amendments, they will have to be approved by Turkish President Recep Tayyip Erdogan. First of all, the changes affected the structure of the Turkish oil and gas company Botas. They have already been approved in parliament and have now been sent to the head of state for consideration.

The work on the hub project was initiated by the Russian side. In the context of growing global instability, its creation is beneficial for both Moscow and Ankara. The Turkish side would like the Russians to undertake the construction of the hub, investing significant own funds in the project.

Comments

[Gnefredov]

Turkey even needed to change the legislation.

If you want to live, you will not be so heated.

Turks may be familiar with our post-perestroika cinematography;)

[Grandfather Fichteau]

Actually TO TURKEY, we can block the channel ..!
Let the Bulgarians be put on scimitars ..

[Iran]

Quote: Gnefredov

If you want to live, you won't get so upset :)

Only this applies not to Turkey, but to our country. The Turks themselves sit on the cash register and take loot from Russia for all services, not forgetting to beat out unthinkable preferences for themselves, realizing that Russia will be forced to agree to them, since it has nowhere to go. If this Turkish hub comes true, then now Turkey will be able to keep Russia for Faberge worse than the tricks of Old Lukashenko in the most curly times.

[couch]

here are friends, so friends! We are building a nuclear power plant at our own expense, so now give the gas storage facility here! And when will these friends pay off (and will they?)

[Iran]

If our Supreme Commander-in-Chief really had the gift of a multi-way and professional to see the future geostrategy, then long before the war he would have completely left the gas pipelines through Ukraine. Thus, he could save all the Streams, and now he would not have to go into bondage to the Turkish Sultan. This is all a consequence of Putin's unwillingness to leave the Ukrainian transit with little bloodshed, although he was warned about this in advance that if this factor would be used by the West to put pressure on Russia. Now we will have to reorient ourselves to Turkey with huge losses of blood. And as many times it was said earlier that Europe needs Ukraine only as a transit country for gas. And without this, Ukraine turns into the same unnecessary country for the EU as Moldova.

[_Ugene_]

The Turkish side would like the Russians to undertake the construction of the hub, investing significant own funds in the project.

have already invested in flows to Europe

[Pavlos Melas]

Turkish Minister of Energy and Natural Resources Fatih Donmez

Minister with a speaking surname.

[Iran]

Quote: Grandfather Fir

Actually TO TURKEY, we can block the channel ..!
Let the Bulgarians be put on scimitars ..

This hub will contain not only Russian gas, but also Turkish gas, and with a high degree of probability, Iranian gas. The Turks, unlike our ingenious multi-way strategist, are able to think rationally and squeeze out the maximum conditions for themselves.

[marswell]

It doesn’t seem to be cloudy, but the tsipsobolotes have already croaked :( And why on earth did YOUR Zelya become a strategist ???

[ximkim]

Yes ...
Putin is ready for anything (even if the country is in the abyss) if only to sell gas.
Here Russia will conclude a new contract with Ukraine - I can imagine how short it is for the urapatriots

[Iran]

Quote: ximkim

Yes ...
Putin is ready for anything (even if the country is in the abyss) if only to sell gas.
Here Russia will conclude a new contract with Ukraine - I can imagine how short it is for the urapatriots

Yes, the fact that he wants to sell gas is normal. And it’s not normal when these incomes go incomprehensibly for what or corny plundered by the environment. In Iran, natural resources belong to the people, and the people themselves can see where and what these revenues go to. Namely - for any social projects, for supporting mothers on maternity leave (Iranian women can not work, but only take care of children), for the construction of roads, for modern hospitals, for business support, for the development of infrastructure. Where do export earnings go in Russia? In the pockets of the oligarchs, in various foreign financial trusts and other foreign securities. But on TV every day they show sick children who need money for treatment abroad and ask compassionate people to send any amount to their account. It is simply impossible to imagine such a thing in Iran now, although under Shah Pahlavi everything was as it is now under Putin.

[blackGRAIL]

Where do oil and gas (primarily oil and gas) revenues go? Actually, to the federal budget and the National Welfare Fund. From which social projects are already financed, hospitals and so on are being built. In 2022, the federal budget deficit will amount to 3,3 trillion rubles, but all obligations for social programs and others were fulfilled - the money was taken from the NWF. Strange, right? No one stole money invested in trusts, papers and other things, they “saved” Russia at exactly the moment when it needed it. In January-March 2023, we again have a budget deficit of 2,4 trillion rubles, and again all obligations were fulfilled.

Another thing is that the budget rule could be extended not only to oil and gas revenues, but also to other natural resources. And so the oligarchs are everywhere, in the top 20 Forbes list there are Indians, Chinese, Mexicans, Russians are not there by the way. And even the Chinese oligarchs are not particularly eager to share their wealth with ordinary Chinese.

[HattinGokbori88]

Russia must keep in mind that the Islamists will not be in power in Turkey forever. By the nature of their ideology, the Islamists are the eternal target of the West. Thus, they can never be fully on the anti-Russian boat as they see Russia as a balance against NATO.
The anti-Islamist (whose influence is rising again in Turkey thanks to the full support of the West, who controls the information flow in Turkey. Erdogan's party controls only a few traditional media) are completely opposite. They will do everything in their power to make their foreign patrons happy, who will keep them in power through one-party elections and coups in the future.

So, if Russia does make Turkey a gas hub, it must negotiate a contract so that any betrayal costs more than Turkey can afford.

[blackGRAIL]

With Turkey, the situation is such that we need them 100 times more than they need us.

The European part of Russia is almost in blockade and the Turkish logistics hub is a real lifeline. Kazakhstan is much less active than Türkiye in matters of parallel imports.

Gas is very bad. It is simply impossible to replace exports to Europe with a turn to the east in the foreseeable future. China delivered 2022 billion m15 in 2023, and 22 billion m3 is planned for 55. How much did we lose on the joint venture? 3 billion m35, Yamal-Europe has not been blown up, but they refuse to buy gas from us, another minus 3 billion m30, we are “allowed” to supply 3 billion mXNUMX through Ukraine. Gazprom is in a deep crisis and without Turkey it will shrink.