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Turkey Gas
Tim Crawford
14 October 2024
Follow @PetroleumEcon
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Turkey’s grand gas hub plan, part 1: Caspian commitments?

The country is looking to position itself as a bridge for gas supplies from east to west, but whether Europe will need this gas remains to be seen

Turkey is seeking to take advantage of the rupture in the Russia–EU gas trade by expanding its role as a gas hub, facilitating flows from major suppliers to its east and its own LNG import terminals to European markets to its west. Yet the potential rewards Ankara can reap from this strategy should not be exaggerated. Committing to more Azerbaijani gas carries risks, while accessing gas from Turkmenistan will prove politically difficult. Meanwhile, any Russian gas that Turkey tries to re-export to Europe will face heavy scrutiny. And, ultimately, Europe may simply not need as much gas as Turkey is willing to offer. Being the middleman By having a diverse range of gas suppliers for its own ne

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2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
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30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
Gas pricing finds a new norm
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU

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