The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis | HappeningNow.news

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The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis

Turkey has lost its imports of Iranian natural gas and is again looking to Turkmenistan to cover the gap. But Ashgabat appears to be prioritizing exports to China.

Source Summary Published April 30, 2026 Brief Under 1 min brief
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Summary

Turkey has lost its imports of Iranian natural gas and is again looking to Turkmenistan to cover the gap. But Ashgabat appears to be prioritizing exports to China. The ongoing turmoil in the Persian Gulf has sent global gas prices soaring, a development that has inevitably led to a sudden resurgence of interest in Turkmenistan’s large natural gas reserves.

Read original at Oilprice

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