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Türkiye's strategic role as energy hub highlighted amid energy crisis in Europe

- Thanks to diversification efforts and getting secure supplies via TurkStream, Hungary's gas supply was unaffected by the end of gas transit via Ukraine, Hungarian envoy tells Anadolu

home > Natural Gas, Energy Diplomacy 28.01.2025 11:36 Handan Kazancı

Türkiye's strategic role as energy hub highlighted amid energy crisis in Europe

As Europe's energy crisis worsens due to the halt of Russian natural gas flows through Ukraine, Türkiye's rising prominence as a regional energy hub is gaining increased attention.

Russian energy giant Gazprom halted natural gas shipments to Europe via Ukraine, citing Ukraine's failure to extend the transit agreement and Moldova's unpaid debt. This leaves the TurkStream pipeline, a joint project between Türkiye and Russia, as the sole remaining route for Russian gas to reach Europe.

Hungarian Ambassador to Türkiye, Viktor Matis told Anadolu that the interruption of natural gas transit through Ukraine "had been a risk for years that could be anticipated."

"The Hungarian answer to mitigate risks in the gas supply has been the strategic policy line of diversification of gas supply and routes we have been following for many years with facilitating the establishment of additional infrastructure that allows us to access as many sources as possible," Matis said.

Matis emphasized "the strategic importance" of TurkStream, noting that it has served as "a successful gas supply route diversification" since becoming the main delivery channel for Hungary’s gas imports on Oct. 1, 2021.

TurkStream, the pipeline commissioned in 2020 under a Türkiye-Russia deal, has transported 44.4 billion cubic meters (bcm) of gas to Türkiye and 59.8 bcm to Europe between 2020 and 2024, leveraging its two lines each with a 15.75 bcm annual capacity.

"As a result of our diversification efforts and primarily, getting secure supplies via TurkStream, Hungary’s gas supply was unaffected by the end of gas transit via Ukraine," the Hungarian envoy noted.

"This also underlined the crucial role of Türkiye in Hungary’s and Europe’s energy security, a fact that had been recognized and appreciated by Hungary for long," said the ambassador.


-Hungarian-Turkish energy cooperation sets example

Pointing out the energy cooperation between the two countries, Matis said: "The Hungarian-Turkish cooperation in the field of energy is an example of how the national interests of sovereign countries can be blended to form a mutually beneficial cooperation."

On Türkiye's energy security and regional energy hub goals, Matis said: "Türkiye had well recognized the importance of diversification of gas supply and routes, the boosting of domestic production, the expansion of storage capacities, and developing transit routes are tools that not only enhance Turkish energy security but also confirm Türkiye’s aspiration to become a regional energy hub."

"It is important to underline that this evolution is not limited to the field of natural gas," he said.

"The latest developments in oil production, the impressive nuclear energy projects, and the spectacular increase of renewable energy are all factors that diversify Türkiye’s energy supply mix and also contribute to Türkiye’s energy hub status."

"In the light of geopolitical turbulence and challenges, Türkiye’s stable and reliable role as a gas transit country - and recently even a supplier - for Europe is highlighted even for eyes that had not recognized this role so far," he added.


-Moldova’s grid is now linked to the EU

While Hungary focuses on its energy security through diversification and partnership with Türkiye, Moldova faces a more direct challenge in the ongoing energy crisis.

Moldovan Energy Ministry’s state secretary responsible for natural gas, electricity, and petroleum products, Constantin Borosan described the crisis as "a deliberate security and humanitarian crisis orchestrated by Russia."

"By weaponizing gas supplies to the Transnistrian region, Russia seeks to create instability, undermine Moldova’s pro-European government, and falsely blame Moldova and Ukraine for the disruption," Borosan told Anadolu.

Moldovan energy ministry official explained that over the past three years, the country has diversified its energy sources, cutting its reliance on Russian gas for the right bank of the Dniester River.

Noting that Moldova’s grid is now linked to the EU, enabling electricity imports from Romania, he said: "We have established emergency reserves, implemented energy-saving measures, and increased renewable energy use, which now accounts for 18% of consumption on certain days."

"The Transnistrian region, however, remains fully dependent on Russian gas, leaving it vulnerable," he noted.


-Türkiye connects Europe to Caspian Sea

On Türkiye's position, which reinforces its regional energy hub role, Borosan said: "Türkiye is well-placed to enhance its role as a regional energy hub."

"Its existing infrastructure, including pipelines and LNG terminals, connects Europe with gas supplies from the Caspian, Central Asia, and the Middle East," he noted.

"Türkiye’s extensive experience in renewable energy and infrastructure projects strengthens its position as a regional energy hub,” he said. “Moldova welcomes Türkiye’s potential investments in renewables, grid stabilisation, and broader energy cooperation, all of which contribute to regional energy security and sustainability."

By Handan Kazanci

Anadolu Agency

energy@aa.com.tr


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Europe's gas market faces tight storage, Russian LNG shift as summer nears

- April 2025 Outlook by ICIS highlights policy uncertainty and supply risks
25.04.2025 Natural Gas , Energy Diplomacy , General

Spot market natural gas prices for Tuesday, April 22

- 1,000 cubic meters of natural gas on spot market costs 12,660.60 Turkish liras
23.04.2025 Natural Gas

Spot market natural gas prices for Monday, April 21

- 1,000 cubic meters of natural gas on spot market costs 12,533.25 Turkish liras
22.04.2025 Natural Gas

Spot market natural gas prices for Sunday, April 20

- 1,000 cubic meters of natural gas on spot market costs 12,672.88 Turkish liras
21.04.2025 Natural Gas

Spot market natural gas prices for Saturday, April 19

- 1,000 cubic meters of natural gas on spot market costs 12,688.48 Turkish liras
21.04.2025 Natural Gas

Spot market natural gas prices for Friday, April 18

- 1,000 cubic meters of natural gas on spot market costs 12,490.72 Turkish liras
19.04.2025 Natural Gas

Spot market natural gas prices for Thursday, April 17

- 1,000 cubic meters of natural gas on spot market costs 12,486.99 Turkish liras
18.04.2025 Downstream

Spot market natural gas prices for Wednesday, April 16

- 1,000 cubic meters of natural gas on spot market costs 12,640.18 Turkish liras
17.04.2025 Natural Gas

Libya hosts investor meeting in Istanbul for major oil, gas bid round

- 'This is the first bid round of its kind in the past 17 years, featuring new and attractive contractual terms for investors,' says Libya's oil and gas minister
18.04.2025 Natural Gas , Oil , International Relations

Global carbon emission storage facilities double in 5 years

- Number of facilities storing emissions from thermal power plants and industrial chimneys worldwide rises to 50
20.04.2025 Natural Gas , Oil , Coal

Spot market natural gas prices for Tuesday, April 15

- 1,000 cubic meters of natural gas on spot market costs 12,496.61 Turkish liras
17.04.2025 Natural Gas

Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

- If market tightness persists and storage replenishment lags, Europe could enter upcoming winter in vulnerable position, report warns
19.04.2025 Natural Gas , Lng/Lpg , General

Gas consumption rises in 2024 with policy switch from coal and oil

- Natural gas accounts for 35% of primary energy demand growth in 2024, topping the list, Gas Exporting Countries Forum says
18.04.2025 Natural Gas

Spot market natural gas prices for Monday, April 14

- 1,000 cubic meters of natural gas on spot market costs 12,527.86 Turkish liras
16.04.2025 Natural Gas

Spot market natural gas prices for Sunday, April 13

- 1,000 cubic meters of natural gas on spot market costs 12,538.74 Turkish liras
14.04.2025 Natural Gas

Azerbaijan exports around 3 bcm gas to Europe, 2.3 bcm to Türkiye in 1st quarter

- Between January and March, 1.4 billion cubic meters of gas were sent to Türkiye via TANAP, says Azerbaijani energy minister
14.04.2025 Natural Gas , Oil

Spot market natural gas prices for Saturday, April 12

- 1,000 cubic meters of natural gas on spot market costs 12,502.45 Turkish liras
14.04.2025 Natural Gas

Spot market natural gas prices for Friday, April 11

- 1,000 cubic meters of natural gas on spot market costs 12,513.03 Turkish liras
13.04.2025 Natural Gas

Spot market natural gas prices for Thursday, April 10

- 1,000 cubic meters of natural gas on spot market costs 12,436.26 Turkish liras
11.04.2025 Natural Gas

Türkiye’s Sakarya Gas Field daily output rises to 8.8 mcm

- Daily production is expected to rise to 9.5 mcm by end of April, says Alparslan Bayraktar
13.04.2025 Natural Gas

Spot market natural gas prices for Wednesday, April 9

- 1,000 cubic meters of natural gas on spot market costs 12,510.96 Turkish liras
10.04.2025 Natural Gas

Spot market natural gas prices for Tuesday, April 8

- 1,000 cubic meters of natural gas on spot market costs 12,752.67 Turkish liras
09.04.2025 Natural Gas

Spot market natural gas prices for Monday, April 7

- 1,000 cubic meters of natural gas on spot market costs 12,933.27 Turkish liras
08.04.2025 Natural Gas

European gas prices start week with sharp decline amid global market pressures

- Natural gas prices fall to €33.5, marking their lowest level since May 2024
08.04.2025 Natural Gas

Spot market natural gas prices for Sunday, April 6

- 1,000 cubic meters of natural gas on spot market costs 12,763.02 Turkish liras
08.04.2025 Natural Gas

Spot market natural gas prices for Saturday, April 5

- 1,000 cubic meters of natural gas on spot market costs 12,759.81 Turkish liras
06.04.2025 Natural Gas

Spot market natural gas prices for Friday, April 4

- 1,000 cubic meters of natural gas on spot market costs 12,783.78 Turkish liras
07.04.2025 Natural Gas

Spot market natural gas prices for Thursday, April 3

- 1,000 cubic meters of natural gas on spot market costs 12,786.88 Turkish liras
04.04.2025 Natural Gas

Spot market natural gas prices for Wednesday, April 2

- 1,000 cubic meters of natural gas on spot market costs 12,798 Turkish liras
03.04.2025 Natural Gas

Spot market natural gas prices for Tuesday, April 1

- 1,000 cubic meters of natural gas on spot market costs 12,809.80 Turkish liras
02.04.2025 Natural Gas

Spot market natural gas prices for Monday, March 31

- 1,000 cubic meters of natural gas on spot market costs 12,485 Turkish liras
01.04.2025 Natural Gas

Spot market natural gas prices for Sunday, March 30

- 1,000 cubic meters of natural gas on spot market costs 12,385 Turkish liras
31.03.2025 Natural Gas

Spot market natural gas prices for Saturday, March 29

- 1,000 cubic meters of natural gas on spot market costs 12,337 Turkish liras
30.03.2025 Natural Gas

Spot market natural gas prices for Friday, March 28

- 1,000 cubic meters of natural gas on spot market costs 12,337.94 Turkish liras
02.04.2025 Natural Gas

Spot market natural gas prices for Thursday, March 27

- 1,000 cubic meters of natural gas on spot market costs 12,387.86 Turkish liras
28.03.2025 Natural Gas

Türkiye's LPG production down 4.2% in January

- LPG imports fall by 4.2%, while exports rise by 47.7% in January, latest industry report reveals
29.03.2025 Lng/Lpg

Spot market natural gas prices for Wednesday, March 26

- 1,000 cubic meters of natural gas on spot market costs 12,388.90 Turkish liras
27.03.2025 Natural Gas

Türkiye's natural gas imports down 4.1% in January

- Russia, Azerbaijan, and Iran are Türkiye's largest gas suppliers, providing 2.78 bcm, 795.39 mcm, and 185.97 mcm, respectively
27.03.2025 Natural Gas , analysis
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