Thursday, October 13, 2022
HomeBusinessPutin Offers Redirecting Nord Stream Gas Flows from Turkey to Europe

Putin Offers Redirecting Nord Stream Gas Flows from Turkey to Europe

  • According to Reuters, Putin stated that Russia could send natural gas via Turkey to Europe. This would make it a “gas hub.” 
  • The key Nord Stream natural-gas pipes linking Russia and Europe are at risk.
  • Turkey’s energy minister claimed that this was the first time he heard about the idea. 

Russia’s Vladimir Putin offered Wednesday to redirect natural gas supplies to Europe via Turkey. He aimed to make Turkey “the largest European gas hub.”

Putin claimed that he could transport the volumes from the Nord Streams to the Baltic Sea and the Black Sea regions to make the main routes for our fuel, our gas to Europe via Turkey. He said this at a Moscow energy conference. Reuters.“That is, ofcourse, if our partner are interested in it. Economic feasibility.

Alexei Miller (CEO of Gazprom), the Russian state-owned company, echoed Putin’s talk point by saying that there is “no question” that they can look into the issue of a trading platform at the border of Turkey and the European Union.

The proposal seemed to have caught Turkey off guard.

“It’s the first time we have heard it.” According to Reuters, Turkish Energy Minister Fatih Donmez stated that it was too early to make an assessment. “These are issues that should be discussed.”

Putin’s statement comes just two weeks after the first leaks. reportedOn the Nord Stream pipelines, which transport natural gas from Russia into Germany. Both pipelines are DamageWith Sweden and Denmark telling the UN that the leaks had been caused by TNT can be purchased in large quantities, weighing hundreds of tons.

The USAnd GermanyGermany is one of many countries that believe in sabotage, with senior legislators openly admitting it. PointingRussia was the one to blame. Putin has, on his part, labelled the incident as “An act of international terror.”

Putin also offered to send natural gas to Germany through a section of the Nord Stream 2 pipeline that isn’t damaged — if the EU wants it. Putin stated that he was ready to supply additional volumes during the autumn-winter period, according to Reuters.

Nord Stream 2 was never commercially operational. GermanyThe project was scrapped days before Russia invaded Ukraine on Feb 24, 2019. Construction of the pipeline,It runs from Russia to Germany under the Baltic Sea. September 2021

On Wednesday, the German government rejected the idea of Nord Stream 2. 

Christiane Hoffmann, spokesperson for Germany’s government, said “Nice try,” per the Berliner Post. Associated Press.“Independent of any possible sabotage to the two pipelines we have seen Russia is no more a reliable energy source, and that there was not even gas flowing before the damage of Nord Stream 1.”

Putin is not the only one to suggest the Nord Stream 2. Last monthHe stated that the EU can turn on the Nord Stream 2 pipeline if they want more natural gas from Russia.

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