Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
The ceasefire between Iran and "Israel" has officially begun.
Sirens sound in northern occupied Palestine.
Israeli media: Iran used missiles that have never been launched before in its latest attacks.
Israeli military command reports the detection of a fifth launch from Iran.
Israeli media: The missile struck Beer al-Sabe' just 20 seconds after sirens ended.
Sirens sound in West Bank settlements, occupied al-Quds,
For the fourth time in an hour, sirens blast in Tel Aviv and surrounding areas.
Israeli media: A very difficult morning in "Israel".
Israeli media: 11 settlers have been killed in the strike on Bir al-Sabe'.
Israeli media: One settler dead in a shelter in Ramat Gan.

Market study for Russia-initiated gas hub project launched: Turkey

  • By Al Mayadeen English
  • Source: Agencies
  • 11 Sep 2023 08:31
2 Min Read

The gas hub project slowly materializes as Turkey initiates market studies in this regard.

  • x
  • Pipelines of the national natural gas distribution network outside Ungheni, Moldova, March 4, 2015 (AP Photo/Aurel Obreja)
    Pipelines of the national natural gas distribution network outside Ungheni, Moldova, on March 4, 2015 (AP Photo/Aurel Obreja)

The Turkish government has commenced preparations for a comprehensive market study and discussions on investment strategies as part of the gas hub project proposed by Russia, Sputnik reported citing a senior official in the Turkish administration.

"In the near future, a study of market participants for the gas hub will be carried out. Issues of attracting investments, issues of supply and demand are also important here. For us, this project is a priority and real, there is a large market, external suppliers, and transit potential. We will discuss the project with the Russian side at every stage," the source said.

Read more: Egypt to build 35 more natural gas wells in 2 years for $1.5 billion

Related News

Turkey denies role in US-Israeli strikes on Iran nuclear sites

OIC calls for immediate halt to Israeli attacks on Iran

This initiative traces back to October 2022 when the leaders of Turkey and Russia jointly instructed their respective authorities to explore the feasibility of establishing a gas hub within Turkish borders, in an attempt to divert traffic from the Nord Stream pipelines, which had experienced damage and interruptions.

Russian Deputy Prime Minister Alexander Novak, a key advocate for the project, emphasized that its objectives extend beyond merely creating a trading platform in Turkey. It also encompasses the development of critical infrastructure and a significant boost in the volume of gas supplies to Europe. Novak further hinted at the prospective involvement of additional countries in the gas hub project: namely Algeria, Qatar, and Azerbaijan.

Read more: Turkey, Russia looking into design, construction of gas hub project

On October 12, 2022, Russian President Vladimir Putin said Moscow could redirect gas transit from the Nord Stream pipelines. 

Back in January, the Turkish Energy Minister at the time Fatih Donmez announced that his country began working on the Russian-proposed gas hub project.

  • Turkey
  • Europe
  • Russia
  • Russian Gas

Most Read

Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
President Donald Trump speaks with reporters upon arriving at Morristown Municipal Airport in Morristown, N.J., Friday, June 20, 2025. (AP Photo/Manuel Balce Ceneta)
Politics

Trump lashes out at media outlets for downplaying Iran strike impact

ap
Politics

Turkey denies role in US-Israeli strikes on Iran nuclear sites

Iran targets US air base in Qatar with 'destructive' missile strike
MENA

Iran retaliates, targets US air base in Qatar with missiles

Demonstrators hold up a banner during a protest by Palestine Action group in London, Monday, June 23, 2025. (AP Photo/Frank Augstein)
Politics

UK signals 'terror' ban on 'Palestine Action', sparking protests

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS