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Türkiye could be key to logistics puzzle for Europe's energy: Eurogas

- Eurogas recognizes importance of Türkiye's role in facilitating gas supply, president Holleaux says

home > Natural Gas, Energy Diplomacy, General 14.02.2024 11:06 Murat Temizer

Türkiye could be key to logistics puzzle for Europe's energy: Eurogas

Türkiye represents an essential component of the logistical puzzle that allows Europe to diversify its gas import sources by functioning as a gas transit hub, according to Didier Holleaux, president of Eurogas.

Holleaux told Anadolu that, as part of the EU goal to reduce gas imports from Russia by 2027, EU member states have already significantly cut imports of Russian gas to less than 50 billion cubic meters (bcm) per year.

This is in comparison with 155 bcm before the (Russia-Ukraine) war, which was replaced with gas coming from other countries, notably the US.

Nonetheless, to secure European gas supplies, he said that Europe needs increased cooperation with Türkiye in the context of the shift away from Russian gas.

He also stressed the need for Europe to secure more long-term contracts and reduce spot market exposure, especially in light of the growth seen in certain regions of the world.

"As a transport hub for gas, Türkiye represents an important part of the logistics puzzle that would allow us to diversify where we’re importing from. The Trans-Adriatic Pipeline is a promising factor here, connecting Europe with gas from further east," he said.

"The agreement between Bulgarian and Turkish companies to import LNG through Turkish terminals is also welcome. Eurogas recognizes the importance of Türkiye in facilitating this supply, and we have already increased our engagement by officially welcoming our first Turkish member: the LNG and CNG Association of Türkiye," he said.

He reasoned that a close relationship with producing and transit partners is necessary to ensure political decisions do not stand in the way of jeopardizing the flow of gas and LNG.

He hailed gas as a transition fuel in the quest to replace coal for power production and, to an extent, in the shift to renewables because he said the source could itself be a renewable.

"For these reasons, gas is expected to form an important part of the energy mix for the foreseeable future. Not everything can be easily or cheaply electrified, so molecules will continue to play a role," he said.

He argued that Europe could begin to see emissions reductions in the short term by scaling up gas infrastructure as opposed to more carbon-intensive energy sources.

"On top of the relatively low-carbon applications of natural gas, we will also employ renewable gases through already-available gaseous infrastructure for additional reductions. By scaling up these renewable and low-carbon alternatives, gases will play their part in the energy transition alongside the other solutions being developed like electricity and geothermal, etc.," Holleaux noted.

- LNG and Europe

According to Holleaux, LNG imports represent a very important source for Europe’s energy supplies.

To accommodate LNG as the continent’s main supply source, member states have quickly delivered the necessary infrastructure to accommodate these new flows and have voiced concerns over the pause in LNG permits in the US, a move that Holleaux said reduces investor confidence.

Holleaux foresees LNG as a staple for European energy security given its dramatic reduction in Russian gas imports.

"To that end, we must ensure that Europe maintains its attractiveness for LNG volumes by providing stability and avoiding the repetition of the 2022 destruction of demand, which could lead to the destruction of economic activity that is potentially permanent,” he said.

He further stated that the European Commission's ambitious 2040 emissions target for the key role of clean hydrogen in the EU's energy transition—20 million to 35 million tonnes of production, or up to 10% of final energy demand—may be met by increasing biomethane production and imports to a level of 35 billion cubic meters and 10 million tonnes of hydrogen, both of which Türkiye may be able to contribute to.

By Murat Temizer

Anadolu Agency

energy@aa.com.tr​​​​​​​


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Spot market natural gas prices for Thursday, July 31

- 1,000 cubic meters of natural gas on spot market costs 14,353.86 Turkish liras
01.08.2025 Natural Gas

US-Canada energy trade totals $150 billion last year amid price decline: EIA

- US crude oil and natural gas imports from Canada increased by 5% and 7%, respectively
02.08.2025 Natural Gas , Oil , Energy Diplomacy

Spot market natural gas prices for Wednesday, July 30

- 1,000 cubic meters of natural gas on spot market costs 14,392.62 Turkish liras
31.07.2025 Natural Gas , Finance

Spot market natural gas prices for Tuesday, July 29

- 1,000 cubic meters of natural gas on spot market costs 14,428.20 Turkish liras
30.07.2025 Natural Gas

First gas flow to Syria set for August 2: Turkish energy minister

- Azerbaijani gas to be delivered via Kilis to Aleppo to boost electricity generation in northern Syria
01.08.2025 Electricity , Natural Gas

Türkiye's Energy Minister to attend Anadolu's Editor's Desk on July 30

- Bayraktar to outline national energy policy and comment on current energy topics
30.07.2025 Natural Gas , Oil , Finance , Energy Diplomacy , General

Spot market natural gas prices for Monday, July 28

- 1,000 cubic meters of natural gas on spot market costs 14,419 Turkish liras
29.07.2025 Natural Gas

Gazprom posts $131 million loss in 1H25

- Gazprom revenues rise by 4.2% year-on-year, though company ends first half in red
29.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 27

- 1,000 cubic meters of natural gas on spot market costs 14,430 Turkish liras
29.07.2025 Natural Gas

Türkiye's natural gas imports up 22.8% in May

- Russia, Azerbaijan and Iran are Türkiye's largest gas suppliers, providing 1.19 bcm, 1.05 bcm, and 791 mcm, respectively
29.07.2025 Natural Gas

Ukraine imports Azerbaijani gas via Transbalkan route for first time

- Naftogaz's first gas deal with SOCAR opens a new supply route via Trans-Balkan corridor, reinforcing Kiev's strategy to ensure energy security without Russian gas
29.07.2025 Natural Gas , General

Spot market natural gas prices for Saturday, July 26

- 1,000 cubic meters of natural gas on spot market costs 14,433.17 Turkish liras
27.07.2025 Natural Gas

Spot market natural gas prices for Friday, July 25

- 1,000 cubic meters of natural gas on spot market costs 14,483.19 Turkish liras
26.07.2025 Natural Gas

Spot market natural gas prices for Thursday, July 24

- 1,000 cubic meters of natural gas on spot market costs 14,398.14 Turkish liras
25.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 23

- 1,000 cubic meters of natural gas on spot market costs 14,430.65 Turkish liras
24.07.2025 Natural Gas

More LNG supply is expected in 2026 supporting rising gas demand: IEA

- On demand side, rising LNG supply is projected to boost imports after a dip in 2025, latest sector report shows
23.07.2025 Lng/Lpg

Spot market natural gas prices for Tuesday, July 22

- 1,000 cubic meters of natural gas on spot market costs 14,774.15 Turkish liras
23.07.2025 Natural Gas

Zorlu Enerji completes sale of energy assets in Israel

- Company recently completed sale of its 25% stake in Dorad Energy Ltd., a process that began in March
23.07.2025 Electricity , Natural Gas , Energy Diplomacy

Spot market natural gas prices for Monday, July 21

- 1,000 cubic meters of natural gas on spot market costs 14,487.71 Turkish liras
22.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 20

- 1,000 cubic meters of natural gas on spot market costs 14,430 Turkish liras
21.07.2025 Natural Gas

Spot market natural gas prices for Saturday, July 19

- 1,000 cubic meters of natural gas on spot market costs 14,490.68 Turkish liras
21.07.2025 Natural Gas

Spot market natural gas prices for Friday, July 18

- 1,000 cubic meters of natural gas on spot market costs 14,471.50 Turkish liras
19.07.2025 Natural Gas

Spot market natural gas prices for Thursday, July 17

- 1,000 cubic meters of natural gas on spot market costs 14,550 Turkish liras
18.07.2025 Natural Gas

EU to ban imports via Nord Stream pipelines under new Russia sanctions: Foreign policy chief

- Sanctions package also targets 105 more vessels associated with Russia’s so-called shadow fleet, limits Russian banks’ access to international funding mechanisms, says Kaja Kallas
18.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 16

- 1,000 cubic meters of natural gas on spot market costs 14,493.75 Turkish liras
17.07.2025 Natural Gas

Spot market natural gas prices for Tuesday, July 15

- 1,000 cubic meters of natural gas on spot market costs 14,584 Turkish liras
16.07.2025 Natural Gas

Spot market natural gas prices for Monday, July 14

- 1,000 cubic meters of natural gas on spot market costs 14,638.53 Turkish liras
15.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 13

- 1,000 cubic meters of natural gas on spot market costs 14,584.47 Turkish liras
14.07.2025 Natural Gas

Spot market natural gas prices for Saturday, July 12

- 1,000 cubic meters of natural gas on spot market costs 14,525 Turkish liras
14.07.2025 Natural Gas

Spot market natural gas prices for Friday, July 11

- 1,000 cubic meters of natural gas on spot market costs 14,494.52 Turkish liras
12.07.2025 Natural Gas

Spot market natural gas prices for Thursday, July 10

- 1,000 cubic meters of natural gas on spot market costs 14,543.75 Turkish liras
11.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 9

- 1,000 cubic meters of natural gas on spot market costs 14,549.05 Turkish liras
10.07.2025 Natural Gas
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