Will Turkey Become a Regional Gas Hub?

With four charts

Source: Turkish Energy Ministry, 2024

Why should you read this Note?

• It proves the point that natural gas is not a bridge to the future, it is the future.

• It shows how LNG changed the dynamic of the natural gas market by making natural gas a global commodity.

• It shows how LNG contracts are developed to make the market more dynamic and flexible, leading to lower volatility than otherwise. 

• It shows the regional dynamic and politics of the natural gas market, especially when it comes to European gas supplies.