Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
4 June 2025 | Gas

Gazprom shelves Turkish gas distribution hub plans — Bloomberg

Natural gas
Gazprom shelves Turkish gas distribution hub plans — Bloomberg

Bloomberg reports that Russia's Gazprom has abandoned plans to create a gas distribution hub in Turkey. Despite public support from President Vladimir Putin, the project faced serious obstacles from the outset. Key issues included Turkey's limited export pipeline capacity to southern Europe and Ankara's insistence on controlling gas sales independently.

After months of studying the initiative, Gazprom concluded the plan was not viable and halted work on the project. The proposal would have required constructing costly new pipelines. The original vision was for a hub with a capacity comparable to Nord Stream, approximately 55 billion cubic meters per year, Bloomberg reports.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Natural Gas speculative net positions. The value of the indicator has decreased from -231K to -236.4K
Today at 7:30 PM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 598 to 603
Today at 5:02 PM
United States. Natural Gas Storage. The value of the indicator has increased from 64B to 85B
Yesterday at 2:30 PM
United States. CFTC Natural Gas speculative net positions. The value of the indicator has decreased from -216.5K to -231K
2 October
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 599 to 598
2 October
Top news
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.6% to 0.1%
6 October
United States. Nonfarm Payrolls. The value of the indicator has decreased from 133K to 29K
2 October
United States. Unemployment Rate. The value of the indicator has increased from 4.1% to 4.2%
2 October
European Union. CPI (MoM). The value of the indicator has increased from 0.4% to 0.6%
2 October
All news

Forecasts

Brent buy
Period: 23.10.2026 Expectation: 470 pips
Buying Brent crude with $106.00 in mind
Indicators and reports FA Other Indicators Hot news
Today at 10:12 AM 18
Sinclair_John
USDCAD buy
Period: 09.11.2026 Expectation: 3000 pips
Invest in USDCAD up to 1.45000
Indicators and reports FA Other Indicators Hot news
Today at 08:37 AM 15
Reed_Marcus
GBPUSD sell
Period: 29.10.2026 Expectation: 800 pips
Sell GBPUSD down to 1.3180
FA Other TA Other
Yesterday at 12:02 PM 34
McCarthy_Raymond
Brent buy
Period: 05.11.2026 Expectation: 300 pips
Buy Brent crude with $103 in sight
FA Other TA Other
Yesterday at 12:02 PM 20
McCarthy_Raymond
Gold sell
Period: 22.10.2026 Expectation: 180 pips
Gold sell-off targets $3,940
Indicators and reports FA Other Indicators Hot news
Yesterday at 11:16 AM 34
Reed_Marcus
USDJPY sell
Period: 08.11.2026 Expectation: 6200 pips
Go short on USDJPY with 152.00 in view
Indicators and reports FA Other Indicators Hot news
Yesterday at 09:44 AM 51
Sinclair_John
Go to forecasts