Turkmenistan May Become New Player in European Gas Market – Expert
Azerbaijan, Baku / Trend corr. A.Badalova / The supply of Turkmenistan gas to Europe passing around Russia cannot change the map of the European market, Azar Mursaliyev, deputy chief editor of the Russian newspaper Kommersanti, said.
During negotiations with the Energy Commissioner of the European Union, Andris Piebalgs, the President of Turkmenistan, Gurbangulu Berdimuhammadov, agreed to sell gas to Europe passing around Russia.
The European Union which tries to minimize gas dependency from Russia proposed Turkmenistan construct a gas pipeline in the Caspian Sea. However, no documents concerning the construction of the mentioned pipeline have been signed.
The gas supply will not radically change, but a new player will arise. "The supply of Turkmen gas to Europe passing around Russia means the appearance of another gas supplier to the East apart from Gasprom."
Today, Gasprom purchases about 45bln cu m of Turkmen gas for $100,000 per cu m and sells it to Europe and Ukraine.
Reserves of Turkmen gas in compliance with different estimations make up from 2bln to 7bln cu m.
According to Mursaliyev, it is currently impossible to supply gas to Europe passing around Russia.