The country’s extensive natural gas infrastructure supports not only domestic energy security but also European energy security. It has the only regional organized natural gas market under its energy exchange market – Energy Exchange Istanbul (EXIST). Türkiye is home to seven international natural gas pipelines, four LNG facilities and floating storage regasification units (FSRU). Erdoğan previously said Russian and Turkish energy authorities would work together to designate the best location for the potential gas distribution center, adding that Türkiye’s Thrace region, bordering Greece and Bulgaria, appeared to be the best spot.
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