EU holds talks on Trans-Caspian pipeline with Turkmenistan

Ashgabat is holding multilateral meetings at government level with the participation of a high-ranking delegation of the European Commission, where the possibility of Turkmen gas supplies to Europe is being discussed, a source close to the negotiations said.

is holding multilateral meetings at government level with the participation of a high-ranking delegation of the European Commission, where the possibility of Turkmen gas supplies to Europe is being discussed, a source close to the negotiations said.The EU has actively promoted the Southern Gas Corridor project, and the Trans-Caspian gas pipeline construction can be a part of it.One of the variants of this route is laying the 300 km pipe through the Caspian Sea from the city of Turkmenbashi in Turkmenistan to the city of Sangachal on the coast of the Absheron Peninsula in Azerbaijan.Turkmenistan is one of the key players on the energy market in the Caspian region and Central Asia and it is interested in searching for new markets, particularly in Europe. In this aspect, the pipeline route to Europe via the Caspian Sea and Azerbaijan is considered to be the most attractive one.Brussels has recently announced that it is time for the European companies that are directly interested in Turkmen gas imports to join the negotiation process.The presence of the already explored and proven natural gas reserves in the Turkmen sector of the Caspian Sea makes it possible to supply 16 billion cubic meters of gas per year to Europe.There will be an opportunity to use the resources of the gas fields in eastern Turkmenistan to supply gas to Europe. This will be possible after the commissioning of the East-West gas pipeline with a pumping capacity of 30 billion cubic meters per year, the construction of which will be completed this year.

 

The EU has actively promoted the Southern Gas Corridor project, and the Trans-Caspian gas pipeline construction can be a part of it. One of the variants of this route is laying the 300 km pipe through the Caspian Sea from the city of Turkmenbashi in Turkmenistan to the city of Sangachal on the coast of the Absheron Peninsula in Azerbaijan.

Turkmenistan is one of the key players on the energy market in the Caspian region and Central Asia and it is interested in searching for new markets, particularly in Europe. In this aspect, the pipeline route to Europe via the Caspian Sea and Azerbaijan is considered to be the most attractive one.

Brussels has recently announced that it is time for the European companies that are directly interested in Turkmen gas imports to join the negotiation process.

The presence of the already explored and proven natural gas reserves in the Turkmen sector of the Caspian Sea makes it possible to supply 16 billion cubic meters of gas per year to Europe.

There will be an opportunity to use the resources of the gas fields in eastern Turkmenistan to supply gas to Europe. This will be possible after the commissioning of the East-West gas pipeline with a pumping capacity of 30 billion cubic meters per year, the construction of which will be completed this year.