Turkmenistan believes in Trans-Caspian pipeline project

Turkmenistan believes in Trans-Caspian pipeline project

Ashgabat, Turkmenistan, May 9

By Huseyn Hasanov- Trend:

The needs of Europe's countries in energy resources will increase twice by 2030, and this causes their interest in Turkmenistan, which is regarded as one of the main suppliers of gas to the integrated European market, according to forecasts, said the message of Ministry of Petroleum and Mineral Resources of Turkmenistan.

The message said that the construction project of a 300-kilometer Trans-Caspian gas pipeline is considered to be a promising one, which will enable to transport 30 billion cubic meters of gas to Europe via Azerbaijan.

Since the mid-twentieth century, the world has accumulated a long experience in the construction of marine gas pipelines, which have proven themselves in terms of operational reliability, the message said.

For example, sales of gas to Europe (about 45 percent of gas imports) have been implemented for more than 25 years using this technology. This includes the Nord Stream, a gas pipeline between Russia and Germany passing under the Baltic Sea, and Langeled sea pipeline, the biggest in length - 1,200 kilometers, which has been laid through a complex benthic terrain of the Norwegian Sea from Norway to the UK.

"Ensuring environmental safety is a key issue for Turkmenistan," the ministry said. "The strict observance of international environmental norms and standards should be a prerequisite during the implementation of large-scale energy projects."

As for the raw material base of the Trans-Caspian gas pipeline, first of all, the offshore fields in the Turkmen sector of the Caspian Sea can become such a base. Moreover, a 1,000 kilometer-East-West gas pipeline will be constructed this year. It will bring together the main gas fields of the country into a single gas transportation system. It will significantly increase the export potential of Turkmenistan.

The construction of this gas pipeline will greatly expand the diversification of the Turkmen natural gas supply routes, as well as create an additional guarantee for the reliable and stable export of Turkmen energy resources to the international markets, the statement said.

If necessary, this gas pipeline is capable to supply large volumes of energy resources in the required direction in the long term.

"There is an obvious fact," the statement said. "The construction of regional and interregional pipelines is the most effective way to overcome the imbalance in the distribution and consumption of energy resources and thereby to create the favorable conditions for the development of national economies."

Without politicizing the energy projects, Turkmenistan holds the economically sensible policy of selling natural gas on its border to all concerned partners, the statement said.

"Proceeding from a principle of supplementing the existing gas routes, rather than substituting, Turkmenistan is actively working out new variants of the natural fuel export by outlining the energy security in the European, the Far Eastern and Asian directions," a statement said.

Edited by CN

Subscribe to Trend in Google News! Subscribe
Iran’s Bahar Azadi gold coin price rebounds
Iran’s Bahar Azadi gold coin price rebounds
Buy/sell operations at Iran Mercantile Exchange revealed
Buy/sell operations at Iran Mercantile Exchange revealed
Eni sells some stakes to Snam
Eni sells some stakes to Snam
Loading Bars
Latest
UK, Germany and Italy detect Omicron coronavirus variant cases
Results of Sochi summit fully reflect position of Azerbaijan - Russian expert
Awarding ceremony third day held as part of 28th FIG Trampoline Gymnastics World Age Group Competitions in Baku (PHOTOS)
Winners in synchronized trampoline jumping at 28th FIG Trampoline Gymnastics World Age Group Competitions in Baku determined
Baku names winners of World Age Group Competitions in jumping on double mini-trampoline for men
28th FIG Trampoline Gymnastics World Age Group Competitions: Russian gymnast takes first place in tumbling
Baku names winners of World Age Group Competitions in jumping on double mini-trampoline for women
Azercell announces contest on social network
Gymnast from Kazakhstan win gold in acrobatic jumping at 28th FIG Trampoline Gymnastics World Age Group Competitions
Best moments of third day of the World Age Group Competitions in Trampoline Gymnastics and Tumbling in Baku (PHOTOS)
World age group competition in Baku - Russian gymnast wins first place in individual trampoline jumping
Russian gymnast wins gold in individual trampoline jumping in Baku
Turkmenistan boosts imports of electrical goods from Turkey
Turkmenistan agrees to participate in Lapis-Lazuli project
Smoking to be banned in taxis in Georgia
Iran’s Bahar Azadi gold coin price rebounds
11,358 people received COVID-19 vaccine in Kyrgyzstan over past day
Prepared hard for the 28th World Competition in Baku - athlete from Denmark
Finalists in synchronized trampoline jumping among men and women announced at 28th FIG World Age Group Competitions in Baku
Finalists in individual trampoline jumping among men announced at 28th FIG World Age Group Competitions in Baku
Azerbaijan expects mutual steps from Armenia towards achieving peace - FM
Azerbaijani, Turkish FMs meet at Economic Cooperation Council's meeting in Ashgabat
Phone conversation held between Presidents of Azerbaijan and Belarus
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,617 more COVID-19 cases, 1,979 recoveries
ECO Council of FMs supports Azerbaijan's proposal to establish Clean Energy Center (PHOTO)
Buy/sell operations at Iran Mercantile Exchange revealed
Finalists in double mini-trampoline jumping among men announced at 28th FIG World Age Group Competitions in Baku
Finalists in acrobatic jumping among men named at 28th FIG World Age Group Competitions in Baku
Azerbaijani gymnast Seljan Mahsudova reaches finals of World Age Group competition
Kazakhstani Astana- Motors to produce Hyundai cars in Uzbekistan
Iran reveals COVID-19 data for November 27
Finalists in acrobatic jumping among women announced at 28th FIG World Age Group Competitions in Baku
Novavax developing vaccine that targets new COVID-19 variant
Eni sells some stakes to Snam
28th FIG Trampoline Gymnastics World Age Group Competitions underway in Baku (PHOTOS)
Azerbaijan reveals financing of pensions, benefits for 9M2021
Turkish company to organize cotton-textile cluster in Uzbekistan
Finalists in double mini-trampoline among women announced at 28th FIG World Age Group Competitions in Baku
Georgia’s imports from Turkmenistan triple
Coach set goal to enter top three in individual trampoline jumping - Russian gymnast
Uzbek National Bank to issue its bonds on Russian Exchange
33,946 new Covid cases registered in Russia in 24 hours
Georgia to replace damaged buildings – Mayor of Tbilisi
Meeting in Sochi - new step towards sustainable peace in South Caucasus - Turkey's presidential administration
Turkey's cargo traffic via its Gulluk port for 9M2021 revealed
GUAM shares reviews of results of Georgia's presidency
Uzbekistan to sell shares of its two banks to Russian banks
EBRD to support green innovation in Uzbekistan
Turkmenistan's On Dogan to scale up production of vegetables, melons
Turkey shares data on cargo shipment via its ports from Greece for 9M2021
Azerbaijan limits import of poultry products from number of countries
Number of flights from Iran’s Shahid Beheshti International Airport soars
Turkey discloses volume of cargo shipment via its ports from Italy for 9M2021
Iran resumes activity of several enterprises in Sistan and Baluchestan Province
Azerbaijan’s Nakhchivan notes increase in agricultural production for 10M2021
Relations between Baku, Moscow experience highest dev’t stage in history of Azerbaijan's independence – experts
Sri Lanka bans travellers from 6 African nations due to Omicron COVID variant
We feel very comfortable in National Gymnastics Arena in Baku - Israeli athletes
Weekly review of key events in Azerbaijan's ICT sector
Weekly review of main events in Azerbaijan's transport sector
Uzbekistan reveals leading banks without state share in terms of volume of deposits
Number of people hospitalized after Listvyazhnaya mine explosion grows to 58
Weekly review of Azerbaijani precious metals market
Georgia reveals top exported goods to China
Performing at National Gymnastics Arena in Baku is unbelievably cool - Kazakh athlete
Iran’s NICICO records increase in sales
Weekly review of Azerbaijani currency market
Azerbaijan notes growth in total liabilities of banks in 10M2021
Several hydrological points to be installed on rivers in Azerbaijan’s liberated territories – ministry
Iran’s Saipa Company increases auto manufacturing
Georgia releases COVID-19 data for November 27
Uzbekistan names leading state-owned banks in terms of volume of deposits
Georgia, EU to enhance co-op in foreign policy, security
Iran to reconsider guaranteed price for wheat purchase
Iran sees increases in exports
Iran, Afghanistan to improve trade
Third day of 28th FIG Trampoline Gymnastics World Age Group Competition kicks off in Baku (PHOTO)
Turkey shares data on cargo shipment via its ports from Spain for 9M2021
Methane outburst is viewed as likely cause behind deadly blast at Listvyazhnaya coalmine
Turkey shares data on vehicles shipments between its Cesme, Greek Chios ports
Weekly review of Azerbaijan's oil & gas sector
Iran's PBO talks reduced inflation rate
Iranian startups to make their first initial public offering - Farabourse
Iran's solar power plants generate half of renewable energies - SATBA
Iran eyes developing national space industry
Azerbaijan once again achieves its goals at meeting in Russia’s Sochi - experts
Uzbekistan shares updated COVID-19 data
New World Order and India
Iranian currency rates for November 27
Azerbaijani oil prices decrease
Azerbaijan sees decrease in number of users per payment terminal in 10M2021
Iran, France to improve economic ties
Turkey reveals volume of vehicles shipments between its Yalova, Italian Bari ports
Georgia-China trade turnover up
Kazakhstan’s Ekibastuz GRES-2 power station opens tender to buy spares for engine
Pfizer/BioNTech, Moderna expect data on shot's protection against new COVID-19 variant soon
“Armenian clan” guides European institutions (PHOTO)
Iran, Turkmenistan, Kazakhstan sign tripartite MoU on railway cooperation
Turkey bans travel from 5 African countries over new COVID-19 variant
All news