INSUBCONTINENT EXCLUSIVE:
Turkey's energy minister has publicly questioned for the first time the need for a new natural gas hub that Russian President Vladimir Putin
proposed last year.Energy Minister Alparslan Bayraktar told a group of reporters on Thursday that Turkey already had a well-functioning gas
trading platform.Putin first raised the idea of creating "a gas hub in Turkey for supplies to other countries" during talks with President
Recep Tayyip Erdogan in Kazakhstan last October.Erdogan then instructed his government to start immediate preparations for "an international
distribution center" in Turkey.The idea created immediate alarm in the EU due to its ongoing attempts to end its dependence on Russian
energy in response to Putin's war on Ukraine.It also added to worries in Washington that NATO member Turkey was cozying up to Moscow despite
its neutral stance in the war and supply of weapons to Ukraine.But the proposal appears to have made little headway in the ensuing
months.Putin has since said he was talking about establishing an electronic trading platform in Turkey, rather than storing physical
exchange," he said.Bayraktar said there was "kind of a pause" in discussions when Turkey was hit by a devastating February earthquake, and
then while the country held two rounds of presidential elections in May."But we are in talks," he added.Russia currently ships gas to Turkey
via two pipelines running under the Black Sea.Turkey sends some of that gas to southeastern European countries, such as Hungary and Greece,
plant on Turkey's Mediterranean coast that could eventually reduce the country's dependence on foreign gas imports.Bayraktar said the "main
construction work" had finished on the first of the Russian plant's four reactors, noting that everything was "moving well."Turkey has been
talking to Russia's Rosatom state nuclear energy company about building a second power plant in the Black Sea city of Sinop.But Bayraktar
stressed that Turkey was also open to offers from South Korean firms as well as those in China looking to build "small modular reactors.""We
are discussing [Sinop] with all the interested countries," he said.
