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Ankara and Moscow are taking the mandatory steps to make Türkiye an power hub, Turkish President Recep Tayyip Erdogan says.
(Mustafa Kamaci / AA)
With its initiatives within the power sector, Türkiye goals to change into a worldwide hub for figuring out pure gasoline reference costs, the nation’s president has mentioned.
“Our aim is to transform our country into a global centre where the natural gas reference price is determined as soon as possible,” Recep Tayyip Erdogan mentioned on Friday at a ceremony marking the completion of a undertaking to develop a subterranean gasoline storage facility close to Istanbul.
The nation’s northwestern area of Thrace bordering each Greece and Bulgaria will change into an particularly vital hub for each pure gasoline and liquefied pure gasoline (LNG) with the growing capability of LNG and underground gasoline storage, he added on the occasion within the district of Silivri.
Our colleague Rumeysa Kalin Karabulut has extra from Turkish President Erdogan’s speech on inaugurating Europe’s largest pure gasoline storage facility pic.twitter.com/RhTBDgdwEr
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Gas hub in Thrace
Erdogan mentioned that Ankara was in touch with Moscow, a serious pure gasoline producer and exporter, underlining that they’d take the mandatory steps to make Türkiye an power hub.
The president additionally highlighted the significance of storage amenities throughout a interval when European international locations face the prospect of power scarcity.
With its growth, he mentioned, the Silivri Underground Natural Gas Storage Facility is now the biggest in Europe, with a capability of 4.6 billion cubic metres.
Erdogan and his Russian counterpart Vladimir Putin had mentioned how the international locations work collectively on constructing a pure gasoline hub in Türkiye’s Thrace area.
After talks together with his Russian counterpart earlier this 12 months, Erdogan had introduced that Ankara and Moscow would work collectively on constructing a pure gasoline hub in Thrace after a proposal from Russia.
READ MORE: Türkiye changing into strategic power hub for Europe amid Ukraine battle
Source: AA
