President Gul: Turkey supports realization of Caspian Sea basin’s full potential

Photo: President Gul: Turkey supports realization of Caspian Sea basin’s full potential
 / Oil&Gas

Istanbul, Turkey, Dec. 5

By Abbas Akhundov - Trend:

Turkey supports full realization of the Caspian Sea basin's full potential, Turkish President Abdullah Gul said in his message to the participants of the 3rd Caspian Forum, which kicked off on Dec. 5 in Istanbul.

"The existing cooperation mechanisms should be worked out and activity models capable of bringing mutual benefit should be studied in order to realize the Caspian region's economic potential," the president said.

"Important economic projects have been realized from 1990 to up to date in order to implement economic potential of the Caspian Sea basin. During its implementation, the Baku-Tbilisi-Kars project was evaluated as the project of the century. Along with this, the Baku-Tbilisi-Erzurum gas pipeline is an integral part of Southern Corridor," the Turkish president said.

In his message, Abdullah Gul called on to speed up the measures taken for settlement of the frozen conflicts in the region.

"The continuation of cooperation of all international forces on securing of peace is one of our major goals," the president noted.

Turkish president highlighted the existence of great opportunities for work in a number of areas, particularly in the fields of energy, trade and transport.

"The TANAP project, which is currently being implemented by Azerbaijan, is one of the major projects, which will ensure the transit transportation of gas from Shah Deniz field to Europe," Gul said.

The Baku-Tbilisi-Kars railway project, which is planned to be commissioned next year, is the region's another important project, according to the Turkish president's message.

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Tags: Abdulla Gul