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Turkmenistan considers Caspian gas pipeline project and Nabucco: Turkmen president

Oil&Gas Materials 26 November 2009 13:22 (UTC +04:00)
While implementing its gas pipeline project in China and Iran, Turkmenistan has not dismissed the prospective of the Caspian gas pipeline project to Russia or Nabucco pipeline to Europe, Turkmen President Gurbangulu Berdimuhammedov said today at a business forum in Rome.
Turkmenistan considers Caspian gas pipeline project and Nabucco: Turkmen president

Turkmenistan, Ashgabat, Nov. 26 / Trend H.Hasanov /

While implementing its gas pipeline project in China and Iran, Turkmenistan has not dismissed the prospective of the Caspian gas pipeline project to Russia or Nabucco pipeline to Europe, Turkmen President Gurbangulu Berdimuhammedov said today at a business forum in Rome.

"Turkmenistan does not overlook other promising projects, including the construction of the Caspian pipeline, the trans-Afghan gas pipeline, or Nabucco, whose implementation will contribute to further developing broad international cooperation in the energy sphere," he said.

The president added that "Turkmenistan is always open for an equal and mutually beneficial partnership with Italy, as well as with Europe in general." In May 2008, the EU and Turkmenistan signed a memorandum of understanding in the energy sector.

Berdimuhamedov noted that Turkmenistan pursues a consistent policy of diversifying export routes for Turkmen energy resources to world markets and implements a number of promising projects, including the construction of the Turkmen-Chinese gas pipeline and a new leg of the project aimed at neighboring Iran, which will be commissioned in late 2009.

The results of an international audit on the Southern Yoloten-Osman field whose upper limit of stock is estimated at 14 trillion cubic meters of gas confirm the country's energy potential.

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