HomeMediaLatest NewsA scheme under which Turkey will be able to replace Russian gas in the EU market

A scheme under which Turkey will be able to replace Russian gas in the EU market

17 May 2022

Salikhov Marcel R. President, Principal Director on Economic Studies, Head of the Economic Department

Marcel Salikhov, President of the Institute for Energy and Finance, commented on the Turkish gas market to the Internet magazine Svobodnaya Pressa.

Turkey's statement about the possibility of replacing Russian gas in Europe, according to Marcel Salikhov, is "excellent, but overly politicized."

“The problem is that now Turkey's consumption is almost completely dependent on imports. Indeed, this country produces several billion cubic meters of gas, but consumption is 60 billion cubic meters. Therefore, now all domestic consumption is covered by imports. In such conditions, it looks rather strange to talk about replacing Russian fuel with Turkish one,” he notes, commenting on the statement of the official representative, chief adviser to the Turkish president on foreign policy Ibrahim Kalin.

However, the president of the Institute for Energy and Finance admits that in the event of a complete refusal of Europe from Russian hydrocarbons, we can talk about such schemes when Russia increases the volume of fuel supplies to Turkey, and that, as it were, sells its gas to Europe. They say that gas of unknown origin came from somewhere, mixed, became Turkish and is now supplied to the EU.
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