Turkey's Parliament has started the process of amending legislation which is necessary for the start of the international gas trade center, Turkish Minister of Energy and Natural Resources Fatih Dönmez said.
Dönmez said that the country is considering options for cooperation with other countries for the transportation and sale of gas to Europe. In particular, there are agreements regarding Azerbaijan on the establishment of a joint venture.
"The first legislative decisions in the framework of the gas hub passed through the parliament. Due to these decisions, BOTAŞ Petroleum Pipeline Corporation, the state-owned crude oil and natural gas pipelines and trading company and other companies will be able to work much faster and easier. With the launch of the gas trade center, prices will also decrease, which is essential for Europe. Türkiye will become one of the markets defining the benchmark," the minister stressed.
