Türkiye, Russia take steps to create energy hub in Thrace

Türkiye, Russia take steps to create energy hub in Thrace

ANKARA
Türkiye, Russia take steps to create energy hub in Thrace

Following Russian Vladimir Putin’s statement that Türkiye is the most reliable route for transporting Russian gas to Europe, Türkiye and Russia are taking steps to start joint work for establishing an energy distribution center in the former’s Thrace region.

“Thrace is seen as the most important place for this kind of a distribution center. We, with Putin, have instructed our respective energy ministries to start a joint work. This work will be done and a distribution center will be established in the most suitable place,” Erdoğan told journalists on his return from Kazakhstan on Oct. 14.

Erdoğan made these comments after his meeting with Putin who suggested that a major energy center can be created in Türkiye as the most reliable route for energy export to the European markets.

Türkiye has a distribution center in the region but it is used for national purposes, Erdoğan said, stressing that the new one will be an international distribution center. “We will take necessary steps right after our Energy Ministry and the Russian side conclude their joint work and introduce it to us. There is no waiting here. We have immediately instructed our Energy Ministry,” the president said.

Erdoğan informed that the Russian leader instructed Gazprom President Alexei Miller, who was also present at the meeting, simultaneously. “They will meet and start to work together,” Erdoğan stressed, adding all the necessary steps concerning security will also be taken accordingly.

“[Türkiye is an] even more secure route than Europe. Thanks to your attitude, we are planning to use this route more intensely,” Putin said at his meeting with Erdoğan in Astana on Oct. 13.

Ankara and Moscow have in-depth energy cooperation as the latter annually supplies around 65 percent of Türkiye’s hydrocarbon needs. The two countries are linked by two major natural gas pipelines, the Blue Stream and the TurkStream.

After the Russian invasion of Ukraine, the European Union has decided to reduce the amount of natural gas it is buying from Russia.

Matter of supply and demand: Turkish FM

In the meantime, Foreign Minister Mevlüt Çavuşoğlu expressed Türkiye’s intention to reduce the European suffering from a lack of energy resources by bridging the hydrocarbon source countries with the markets in the continent.

“We are, of course, willing to help Europe overcome its problems due to the [shortage of] energy,” Çavuşoğlu said at a press conference with Qatar Foreign Minister Mohammed bin Abdulrahman bin Jassim Al Thani in Istanbul on Oct. 14.

Creating an international energy hub requires a lot of studies and investment, Çavuşoğlu said, recalling that Türkiye has already been serving as a transit country through pipelines. “It is also a matter of supply and demand. It should be well studied to what extent the European countries and the ones in southeastern Europe are ready to buy the Russian gas,” the minister said.

Türkiye, a credible mediator

On the ongoing Ukrainian war and Türkiye’s mediation attempts between the two warring parties, Erdoğan said he observes that Türkiye remains to be a credible mediator in the eyes of Russia and the international community.

“In this respect, we have shared our sensitivities about the Kerch Bridge, and he gave us some technical information. We will continue our works by preserving our sensitivities. [To hear] that the trust in Türkiye continues made us happy,” he suggested.