Turkey Postpones Gas Hub Summit to March 22 after Earthquake

Published

For illustration only - A TPAO drillship -Credit: muratart
For illustration only - A TPAO drillship -Credit: muratart

Turkey has postponed a natural gas summit due to be held on February 14-15 until March 22, an energy official said on Friday, after a major earthquake hit its southeastern region.

Setting up a gas hub in Turkey was first proposed by Russia's President Vladimir Putin after explosions damaged Russia's Nord Stream gas pipelines under the Baltic Sea. 

Turkey, currently imports all its gas needs and has extensive LNG import infrastructure. Ankara believes it can leverage its existing and new trade relations to become a gas hub. 

Turkey also plans to start offshore gas production this year and ramp-up output over the next few years. Separately, the Kremlin said on Thursday that the implementation of the Turkish hub had been delayed. 

Some Western capitals were concerned that a Turkish hub including Russian gas could allow Moscow to mask exports that are sanctioned by the West over Russia's invasion of Ukraine. 

(Reuters - Reporting by Can Sezer; editing by Jason Neely)


Current News

Norway Approves Request to Delay Offshore Wind Farm License Application

Norway Approves Request to Del

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Ins

Alexandre de Gusmão FPSO Reaches Peak Production

Alexandre de Gusmão FPSO Reach

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Transocean Awarded $300 Millio

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine