The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis | HappeningNow.news
Published Date: June 15, 2026

Energy · 1 views

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.

Source OilPrice AI Summary Updated April 30, 2026
Story intelligence Beta
Freshness Stale Updated April 30, 2026
Confidence Limited Single-outlet story
Coverage Single outlet
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Read time 1 min ~85 words

AI 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. Speaking at an energy conference on April 24, Turkish Energy Minister Alparslan Bayraktar repeated his recent call for urgent international discussions on reviving a long-debated, never-built…

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