The gas hub will allow Türkiye to sell up to 40 billion cubic meters of natural gas annually, with Europe being the main buyer.
"Out of about 100 billion cubic meters of gas we receive, we use about 60 billion. That is, we can sell the remaining 40 billion. A gas trading center (gas hub) is being established for it",
the head of the Turkish Ministry of Energy Fatih Dönmez said.
Türkiye has enlisted the support of LNG suppliers, including Russia, Azerbaijan and Iran, and is actively negotiating with potential buyers.
"We are planning to make our neighboring region a sales market for this gas. These are the Balkans, Europe",
Dönmez shared.
The shipment of gas to Bulgaria has already started, negotiations are underway with Macedonia and Romania, the minister added.
The gas hub will start operating this year. It is expected that it will help to establish fairer prices in the gas market.
