The Parliament of Turkey has begun work in adopting the necessary amendments to legislation and laws in order to operate the International Gas Trade Center.
This was announced today, Saturday, by Fatih Dönmez, Turkey’s Minister of Energy and Natural Resources. “The first legislative decisions regarding the gas center passed through the House of Representatives. Thanks to them, BOTAS [Turkish oil and gas company] and other companies will be able to work faster and easier in this field,” he said.
“With the opening of the International Gas Trade Center, prices will also drop, which is important for Europe. Turkey will become one of the markets that determine the resale price of gas,” the minister added, in an interview with the Turkish network “CNN”.
The Turkish minister indicated that his country is studying options for cooperation with other countries to transport and sell gas to Europe.
The minister recalled the existence of agreements with Azerbaijan regarding the establishment of a joint institution specialized in this field.
This article was originally published by RT.
