Loading...
Market
Will the EU commit to interconnection infrastructure investments for Turkish gas by mid-2025?
3
Turkey•Europe•Gazprom•Russian•Ukraine•and Natural Resources•Alparslan Bayraktar•Central•Eastern Europe•Balkan pipeline•European•Bayraktar•TurkStream•Azerbaijani
Resolution / Starting Odds
Yes • 50%
No • 50%
Announcements or official documents from the European Union
Story
Turkey Ready to Export 10 Billion Cubic Meters of Gas to Europe Amid Ukraine Transit Halt
Jan 4, 2025, 04:12 PM
Turkey has announced its readiness to enhance its role as a key energy hub for Europe following Gazprom's cessation of Russian natural gas flows through Ukraine. Energy and Natural Resources Minister Alparslan Bayraktar stated that Turkey could export up to 10 billion cubic meters of gas annually to Central and Eastern Europe via the Balkan pipeline, contingent on European political commitment and investments in interconnection infrastructure. Bayraktar emphasized Turkey's capacity to bolster Europe's energy security, leveraging its strategic location and existing infrastructure, including the TurkStream pipeline and Azerbaijani gas exports. The halt in Russian gas transit through Ukraine marks a shift in regional energy dynamics, positioning Turkey as a critical supplier for European energy needs.
View original story
Similar markets
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Other • 25%
Italy • 25%
Germany • 25%
Slovakia • 25%
Maintain current levels • 25%
Diversify to other sources • 25%
Increase imports • 25%
Decrease imports • 25%
Yes • 50%
No • 50%
Negotiate with Russia for new terms • 25%
Implement alternative gas routes • 25%
Increase renewable energy investments • 25%
Other • 25%