Turkey to host summit of gas buyers, sellers in mid-February

Turkey to host summit of gas buyers, sellers in mid-February

Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe's consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday.

"We will bring together supplier countries from the Middle East, Mediterranean, Caspian and Middle Asia with consumer countries from Europe," Donmez said.

In October, Russia's President Vladimir Putin proposed setting up a gas hub in Turkey following explosions that damaged Russia's Nord Stream gas pipelines under the Baltic Sea.

Turkey has the infrastructure and experience in gas trade and authorities are taking steps for it to be a hub where regional benchmark prices are set, Donmez said.

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