Russia's Putin proposes "gas hub" plan to Turkey's Erdoğan

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Aniruddha Chakraborty
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Russia's Putin proposes "gas hub" plan to Turkey's Erdoğan

BY A STAFF REPORTER: Russian President Vladimir Putin suggested a “gas hub” plan to Turkish President Recep Tayyip Erdoğan on Thursday, saying if there was interest from Turkey, they would consider its feasibility. “If there is interest from Turkey and our potential buyers from other countries, we could consider the possibility of building another gas pipeline system and creating a gas hub in Turkey to sell to other countries — to third countries, primarily, of course; the European ones, if they are interested,” Putin said. If the hub was to go ahead, it would be a platform not only to supply but also to determine prices, Putin added.