Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan will tomorrow hold their first call since Russia withdrew from the Turkey/United Nations brokered Black Sea Grain initiative on July 17.
- Russian news service Tass reports, citing a local source: "Turkey is not giving up on its efforts to resume the Black Sea Grain Initiative and has regular communication on this issue with the UN, Russia and Ukraine."
- Tass reports that the two leaders are also expected to set a time for an upcoming face-to-face meeting during the call. They may also discuss the creation of a gas hub in Turkey, suggested by Moscow in October last year.
- Bloomberg: "The idea... is still on the table... to become the regional gas trade center with its own price index..."
- Putin said at a presser on Saturday: “It’s still on the agenda. It’s about creating an electronic trading platform, we are not going to store massive volumes of gas there."
- Bloomberg reports that if the gas hub in Turkey materializes it could carry an extra 10 billion cubic meters per year of Russian gas to Europe as soon as 2025.