Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Rethinking the Middle East oil topography
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
European gas: From bad to much worse
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
EU methane regulation could backfire
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
Letter from Europe: Gas crossroads
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
Gas deal keeps Lebanon’s offshore hopes alive
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
Turkey locks in more Azeri gas
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
Venezuela upends global heavy crude market
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
Putin, Erdogan and other leaders at the inauguration of TurkStream in 2020
Turkey Midstream Gas
Tim Crawford
16 October 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Turkey’s grand gas hub plan, part 2: The Russia question

The EU may be officially phasing out Russian gas, but in reality there remains potential for Turkey to help Moscow repackage its molecules for westward transit

Turkey is aiming to position itself as a gas hub for transiting volumes from east to west, and along with Azerbaijani and Turkmen gas, there is the prospect of re-exporting Russian gas to any European markets still willing to take it.   Russia is anxious to keep as much gas flowing westwards as possible after the collapse in its exports to Europe in 2022 and amid the risk of disruption to the remaining flows transiting Ukraine.   The EU’s stated aim is to eliminate Russian gas imports almost completely by 2027. This goal may be postponed, but unless there is a radical improvement in Russia–EU relations, Brussels will continue to pursue the target. Non-EU countries could buy more gas from Rus

Also in this section
Rethinking the Middle East oil topography
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
Do not fear runaway Henry Hub prices
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
Will policymakers panic before the oil market?
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
Letter from the Middle East: LNG – the weak link the Gulf crisis just exposed
Opinion
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search