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Creating a gas hub would be beneficial for all the parties: Russia, Turkey, Europe and Azerbaijan, Head of the Board of Directors of Gazprom Viktor Zubkov told the press behind the scenes of Eurasian Economic Forum in Baku, RIA Novosti reported.
“Everybody benefits from it – Russia, Turkey, Azerbaijan, Europe, etc. It is necessary to understand that it is profitable and to address this issue seriously. It is very good that Turkey agreed to establish such a hub,” Zubkov said commenting on what relation of Azerbaijan, being a country-partner of Russia, to the Russian idea to create a gas hub on the border of Turkey and the EU.
He noted that Russia and Azerbaijan continue to work within the framework of gas exchange operations.
“It (Azerbaijan – ed.) has always been our ally,” Zubkov added.
However, when asked whether there is interest in the project in Europe, he said, “That’s a second question. In fact, the gas will be impersonal.”
Presidents of Russia and Turkey Vladimir Putin and Tayyip Erdogan earlier instructed to work in detail and quickly on the issue of creating a gas hub in Turkey, through which, in particular, Russia could move the transit of gas from the Nord Stream to the Black Sea region and Turkey. Erdogan believes that Europe can receive Russian gas through Turkey.
Now gas is supplied to Turkey through the Turkish Stream pipeline with a projected capacity of 31.5 billion cubic meters per year. Russian presidential spokesman Dmitry Peskov said Tuesday that the system has the potential to be expanded if necessary.
