Legal framework for electronic gas trading platform in Turkey not ready yet — source

It is believed, however, that the parliament of the republic "may begin preparing and discussing" some amendments necessary for the implementation of the trading platform project.
The legislative framework for the market functioning of the electronic gas trading platform in Turkey is not yet ready, a source in parliamentary circles in Ankara told TASS.
"The project of an electronic gas trading platform in Turkey in the current geopolitical conditions is beneficial to both Turkey and Russia in many respects and is realistic. Moreover, work in the field has been going on for some time. But it must be said that for the full functioning of such a platform in an international market in Turkey, the legislative framework is not yet ready, and this is a serious amount of work," the source said.
He also did not rule out that the parliament of the republic "may begin preparing and discussing" some amendments necessary for the implementation of the trading platform project.
On Wednesday, speaking at a plenary session of the Russian Energy Week, Russian President Vladimir Putin said that the gas hub project in Turkey at the first stage primarily involves the creation of an electronic platform for trading gas to Europe. Turkey, as well as everyone in Europe who wants to acquire Russian resources, are interested in this project, as he pointed out.




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