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.
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