It looks like it could indeed. In looking at this one it appears it could have been twisted as fibers were fed into the holes after the end of the cord was tied off to something. This would accomplish two actions at one time, both twist the fibers as they were fed through each of the four holes and also twist these twisted cords into an even larger four strand twisted rope as the whole thing was twisted.
Associating fermented fruits and grains to getting drunk and liking if, making beer would be next.
Once one learned to make beer, then fishing became popular. Fishing & beer go together.
I said that because I have actually made and repaired nets - gillnet, purse seine for 30 years.