15.6 C
Monday, February 26, 2024

Erdogan lauds Turkey turning into major int’l gas hub


Share post:


Ankara: Turkey is turning into a major gas hub that foreign countries rely on thanks to its balanced policy on the Ukrainian conflict, President Recep Tayyip Erdogan said.

Russian President Vladimir Putin said last week that Moscow could redirect gas transit from the damaged Nord Stream pipelines to Turkey and later discussed this initiative with Erdogan. The two leaders instructed relevant institutions to quickly work out the details.

“Turkey’s balanced policy [on the Ukrainian conflict] has been welcomed worldwide. Had we listened to the critics, we would have to think about how to survive the coming winter just like Europeans. However, Ankara has chosen a different path, and we have no problems with gas,” Erdogan said at a domestic event on Saturday, as quoted by the Turkish news agency Anadolu.

The president noted that “foreign countries pin their hopes on Turkey as it is turning into a major gas hub.”

The start of hostilities in Ukraine in February exacerbated the energy crisis unfolding in Europe over the past year. Disruptions in logistical and financial operations due to the crisis and Western sanctions against Russia have undermined supply chains and led to a spike in energy prices worldwide, pushing many European governments to resort to contingency measures.

Related articles

18 reasons why Modi is not a dictator but a saviour of India

Recently a social media influencer based in Germany made a YouTube video in which he criticized and labeled...

Tier 2 and 3 cities will define new modernity for India: Author Shashank Mani

The tier 2 and tier 3 cities are abode to majority of Indians, but often, this ‘middle’ of...

Is Feydhoo Finolhu Island in Maldives housing a Chinese military outpost?

China has been aggressively pushing its geopolitical strategy 'String of Pearls' in the Indian Ocean Region (IOR). Maldives is...

Man who put up ‘Gyanvapi Mandir’ sticker tortured by Varanasi police, implicated in false cases

In early February, it was reported that a man belonging in Varanasi, Uttar Pradesh, Roshan Pandey, who is...