Turkey is seeking more cooperation with Saudi Arabia and other countries as it plans to be an energy hub to Europe, its finance minister Nureddin Nebati said.
“Turkey from its geographical position is an energy corridor from Russia, Iran, and Saudi Arabia. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be more safely shipped,” Nebati told Arab News in an interview.
“Turkey and Saudi Arabia are also assisting each other, which will bring peace in the region. That peace will bring more affordable gas prices, the energy prices, and will allow both countries to look ahead,” he added.
“When we look at Europe, they are dependent on Russian gas, and they will be passing winter with huge stress. This is obvious, and new steps and new structuring need to be taken,” Nebati added.
“And this is why our President Erdogan said that Turkey, which will become a hub, should take the needed measures for the distribution of Iran gas or Russian gas to Europe. And that will contribute to the establishment of peace in the region and create an environment that is safe for this shipment,” he added.