The Qatar–Türkiye–Europe gas pipeline project is being considered as a possible alternative to the transportation of energy resources via the Strait of Hormuz, but is regarded as costly and risky, Aydınlık newspaper reports.
According to the report, the project to transport gas to Europe through the territories of Saudi Arabia, Jordan, Syria and Türkiye was proposed by Qatar in 2000, but was frozen nine years later. Amid changing geopolitical conditions in the Middle East, particularly in Syria, discussions are underway to bring the project back to the agenda.
The newspaper notes that Türkiye’s Minister of Energy Alparslan Bayraktar plans to visit Qatar in the coming days to discuss the project.
According to the publication, Europe imports approximately 100 million cubic meters of natural gas daily from Russia, while 40 million cubic meters are delivered via the Strait of Hormuz. According to expert assessments, the Qatar–Türkiye–Europe gas pipeline could supply up to 100 million cubic meters of gas per day, but the main issue is the high cost of both the gas and the pipeline itself.
“European countries pay about $5 per cubic meter of natural gas imported from Russia, while gas transported via the Strait of Hormuz costs $8. According to expert calculations, if supplied through the Qatar–Türkiye–Europe gas pipeline, the price per cubic meter could exceed $12,” Aydınlık reported.
It is noted that the pipeline, which is expected to be approximately 4,000 kilometers long, would pass through regions of geopolitical conflict, posing a serious risk factor. The construction cost of the project could exceed $20 billion.
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