We Should Jointly Create Competition Through Use of Trans-Caspian Gas Pipeline: Great Britain Energy Minister (video)
Azerbaijan, Baku / Trend corr. V.Sharifov, A.Badalova / Azerbaijan, Turkmenistan, and Great Britain should work together to create a competitive project on natural gas exportation via the Trans-Caspian pipeline, Malcolm Wicks, the British Energy Minister said in Baku on 21 September.
"The entire region is interested in the completion of the project. The issues are more political. Presently, Azerbaijan and Turkmenistan enjoy warm relations. I think these relations will be even further improved quickly," the British Minister said.
The Trans-Caspian gas pipeline is to export Turkmenistan gas to Europe via Azerbaijan and Turkey. Its capacity is 20bln cu m per year. The fee of the project amounts to $11bln.
According to the Minister, his visits to Turkey and Turkmenistan before coming to Azerbaijan consisted of a range of important meetings.
"I discussed the possible opening of the South corridor to export Turkmenistan gas coming from the depths of the Caspian Sea via Azerbaijan and Turkey to EU countries during my meeting with the President and his Ministers," the British Minister added.
"I will return back to London on 22 September with a range of tasks before me. A lot of work should be done," Wicks noted.