Ankara, January 30 (QNA) – The Turkish Minister of Energy and Natural Resources Fatih Donmez announced that the summit of gas consumer and gas-exporter countries to discuss the gas hub project will be held in Istanbul on February 14 and 15.

The minister indicated in a press conference today that during the upcoming summit, participants will discuss the establishment of a gas hub on Turkish soil to supply Europe with natural gas, a proposal put forward by Russian President Vladimir Putin.

The Turkish Energy and Natural Resources Minister explained that the meeting would bring supplier countries from the Middle East, the Mediterranean region, the Caspian Sea and Central Asia together with consumer countries from Europe.

The Russian and Turkish presidents had commissioned previously the draw-up of a detailed study on the gas hub project proposal, which could divert gas from the damaged Northern Streamlines to consumers.

Turkish President Recep Tayyip Erdogan confirmed last month his country’s endeavor to make Turkey a global hub where natural gas reference price is determined, adding that Turkey’s goal for 2053 is to reduce dependence on foreign energy from 71 percent to 13 percent.



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