Russian gas supplies to Europe via the TurkStream gas pipeline set a new record last week, according to data from the European Network of Gas Transmission System Operators.
Initial volumes via arrangement with Iran will be modest, but the potential for sizeable flows is there. A Turkish hub could eventually transship deliveries to Europe.
Russian tourists are increasingly booking trips to Europe, with a sharp rise in hotel reservations for Spain, France and Italy, according to leading online travel aggregators.
Half a billion dollars will be invested in building the plants. Sixty-seven companies placed 146 initial bids.
Excluding anomalies created by activities of Getir and Bigg, 237 enterprises raised $804mn, up from $236mn in 2023.