Russian Deputy Energy Minister Sorokin praised the creation of a gas center in Turkey
Russian Deputy Energy Minister Sorokin praised the creation of a gas center in Turkey
Russian Deputy Energy Minister Pavel Sorokin said that the initiative to create an international gas hub in Turkey is one of the initiatives that emphasize the country's role as a reliable partner on the way to becoming a center of energy supplies in the future.
Pavel Sorokin, Deputy Minister of Energy of the Russian Federation, made important statements at the Istanbul Energy Forum, which for the first time this year was organized under the auspices of the Ministry of Energy and Natural Resources, under the motto "Common future, common goals".
Commenting on developments in global energy markets, Sorokin said: "In the last few years, we have witnessed that the energy scene has become significantly politicized. This has led to consumer spending of up to hundreds of billions of dollars. Not only for the West, but also for the global South. This is especially disappointing because many countries around the world have to pay higher prices."
Pavel Sorokin stated that any political interference in energy trade leads to significant price fluctuations: "For example, the interruption of traditional logistics routes means that energy carriers have to travel a longer distance, and therefore more costs, to get to markets. So this is a very unfortunate development. The global economy does not deserve this," he said.
"We are a highly competitive supplier of energy resources in global markets"
Speaking about Russia's position in the global energy sector, Sorokin said: "As Russia, we are a highly competitive supplier of energy resources to world markets. We have a low cost level. We have managed to effectively redirect more flows from countries that do not want our energy. If someone doesn't want it, we won't force them to buy it, we will work with countries that are more pragmatic and are our long-term partners in Asia, the Middle East, Africa and America."
In this sense, Sorokin stated that 85 percent of the world's population is "very pragmatic," and said, "Our role will remain the same. We are one of the three largest energy suppliers in the world market and we will maintain this position. We have the technological competence, we have the resources, and we have good relationships that we can build, for which we are grateful to our partners. We will continue to supply energy resources to the world market at a competitive price.
" "Turkey has shown that it can take a reliable place in the transit market"
Stating that Turkey is one of the largest energy consumers in the world due to its growing economy, growing population and developing industry, Sorokin stressed the importance of competitive prices and a variety of resources for a country that needs more energy every year.
Sorokin said the following about Turkey's role in global and regional energy:
"Turkey has a privileged geographical position in terms of being a bridge between Europe and Asia and is a very convenient transit route. This is a very convenient route from many traditional energy supply regions. Turkey has shown that it can take a reliable place in the transit market thanks to pragmatism and economic wisdom, not political wisdom. We have seen how the development of TANAP passed through Turkey. We have also witnessed the development of the Turkish Stream and Blue Stream gas pipelines, which not only supply the Turkish market, but also serve as a source of gas supplies to Europe. Turkey has also done a very good job of strengthening this interest and has once again brought the economy to the forefront. The initiative of our Presidents, Mr. Putin and Mr. Erdogan, to create a gas hub here is one of the initiatives that highlights Turkey's role as a reliable partner in the future to become a hub for energy supplies in various formats. It will be not only in the form of gas, but also in the form of a financial center that will connect the regions. We believe that Turkey's role will continue to develop in the future. We are ready to work with our partners here, all companies and governments to make this route safe and reliable."
"Cooperation is necessary for regional solutions within the framework of the energy transition,"
Referring to other areas of cooperation in the energy sector, Sorokin said that energy transition should not remain just a slogan.
According to Sorokin, the transformation process should be facilitated by measures that are economically feasible for the consumer and at the same time facilitate the achievement of climate goals, adding: "This, of course, requires partnership."
Drawing attention to the great influence of politics on the global energy market, Sorokin said: "Countries need to cooperate more at the regional level in order to develop regional solutions on this issue. I'm not just talking about renewable energy sources here, because this is an obvious area of cooperation where we can share and jointly develop technologies to maximize our renewable energy potential. It is also important in terms of access to technologies such as carbon capture, recycling and storage, as well as improving the energy efficiency of our industries."
Sorokin stated that there is potential in such areas as new energy technologies, nuclear energy and hydrogen, and summed up his words as follows:
"Especially when it comes to hydrogen, we will have to make it economically profitable and cost-competitive first. So that the consumer doesn't pay for it again. Let this serve as an additional incentive for a more environmentally friendly future, but through technological development, and not just by shifting costs to the consumer. So there are opportunities at different levels."