Turkmenistan stands for energy supply routes diversification: Ambassador

Azerbaijan, Baku, Jan. 8 / Trend V.Zhavoronkova /

Turkmenistan is a consistent supporter of the policy of diversifying energy supplies to foreign markets, Turkmen ambassador to Azerbaijan Annamamed Mamedov said at the news conference in Baku today.

"If foreign countries are interested in the Turkmen energy resources, the country is ready and will consider the proposed projects," Mamedov said.

According to Mamedov, diversification is the basis of energy security in the region and the world at large.

The commissioning of the Turkmenistan-Iran second gas pipeline Jan.6, 2009 allowing increasing Turkmen gas supplies to Iran up to 20 billion cubic meters per year is a clear indication of the country's commitment to diversification of the energy supply routes.

Turkmenistan's policy of multiple routes promotes the development of cooperation with foreign partners and regular large-scale projects - Turkmenistan-Kazakhstan-Russia gas pipeline on the eastern shore of the Caspian Sea, Turkmenistan-Afghanistan-Pakistan-India gas pipeline and other gas pipeline, including Nabucco.

Moreover, Turkmenistan also develops capacity of the fuel and energy complex, in which invested billions, to achieve the objectives, he added.

The country has contracts with renowned companies of Great Britain, South Korea and China in the total amount of $9.5 billion on the Southern Yoloten-Osman, whose reserves are estimated at 14 trillion cubic feet of gas by Western experts. The ambassador cited this as an example to the country's plan to expand mining and processing infrastructure.

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