Ankara will work with Moscow to establish a natural-gas hub in Turkey.
Putin offered to send natural-gas supplies to Europe via Turkey.
Turks were surprised by Putin's proposal last week.
Russia's plan to sell natural gas to Europe was rejected by the European Commission.
Turkey will be working with Russia to create a natural-gas hub, according to Turkey's president.
Last week, Putin proposed redirecting natural-gas supplies to Europe via Turkey.
We've never heard of this before. It is early to make an assessment, according to Turkish Energy Minister Fatih Donmez. These are things that need to be talked about.
The Turkish leader said on October 14 that energy authorities from the two countries will start work on the proposal immediately after meeting with Putin.
"We will create a hub with Turkish gas coming from Russia," the president said.
In his own words, Putin said that Europe could get its natural gas from Turkey, according to the Anadolu news agency.
Turkey has been trying to become an energy hub for a long time.
A development that's worrying the West is the rapid endorsement of Putin's proposal for a natural-gas hub in Turkey by Erdoan.
Turkey, a NATO member and a candidate country for the European Union, has condemned Russia's invasion of Ukraine but has not imposed sanctions on Russia. Russia is a top trading partner of Turkey.
The deal with Putin comes three weeks after the discovery of leaks on the keyNord Stream line that transports gas from Russia to Germany.
The UN was told that the leaks were caused by hundreds of pounds of gunpowder.
Some senior lawmakers in Germany pointed the finger at Russia, as the US and Germany believed sabotage was involved. The incident was labeled an act of international terrorism by Putin.
Russia was already slowing natural-gas exports to Europe before the damage was done, but gas supply via the two pipes has stopped indefinitely. Around 34% of the European Union's gas imports came from the steam 1
Putin still wants to sell natural gas to Europe. Russia's energy revenue makes up one-fifth of the country's GDP and cutting it off would hurt its warchest.
He said last week that Russia could supply fuel under the Black Sea that borders Turkey in the south.
Putin said at an energy conference in Moscow on October 12 that the lost volumes from theNord Stream could be moved to the Black Sea.
The largest gas hub for Europe in Turkey would be created by this new route.
He offered to send natural gas to Germany if the EU wanted it. Putin said that they were ready to supply more volumes in the winter.
The German government said that Russia is not a reliable energy supplier.
It was not the first time that Putin suggested the use of theNord Stream 2. If the EU wants more natural gas from Russia, it can simply turn on the newNord Stream 2 line.
The project was put on hold days before Russia invadedUkraine. The construction of the line under the Baltic Sea was finished in September of 2011.
In September, Alexander Novak, the Russian deputy prime minister, said that the country's gas exports to the EU would fall in the years to come. According to the International Energy Agency, the EU will import 155 billion cubic meters of Russian gas in the next two years.
Business Insider has an article on it.
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