Turkmenistan intensifying talks on Trans-Caspian pipeline

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Turkmenistan is active in supplying gas to the European market via the planned Trans-Caspian pipeline, the Turkmen oil and gas ministry said Feb. 1.

trans-p“Turkmenistan has proved itself as a reliable and promising partner in international cooperation, by confirming its status as one of the largest suppliers of gas to the world markets,” the statement said. “The national program on energy export diversification envisages developing new routes in the Eastern and European destinations.”

The diversification of Turkmen energy supply is expected to be discussed during the seventh Turkmenistan Gas Congress, to be held in Avaza May 19-20, 2016.

Turkmenistan’s gas reserves rank fourth in the world. The country is looking for new sales markets.

The best route for delivering Turkmen gas to Europe would be a 300-kilometer long gas pipeline running through the Caspian Sea to Azerbaijani coasts by further connecting it to the Southern Gas Corridor gas pipeline system.

A joint commission consisting of Turkmenistan, Azerbaijan, Turkey and the EU is working for this purpose.

Azerbaijan has expressed readiness to provide its territory, transit opportunities and infrastructure for realization of the project.

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