It is late for EU to rely on Turkmen gas: German council expert

Azerbaijan, Baku, Jan. 14 / Trend V. Zhavoronkova /

It is too late for European Union to develop energy relations with the region of Central Asia. Perhaps, it is the EU wrong strategy, European expert on energy in Central Asia, Stefan Meister, said.

"It is late to develop energy relations with the region. It can be the wrong strategy," the German Council on Foreign Relations expert Meister told Trend via e-mail.

The expert said the European Union is currently losing in the struggle for Central Asian gas.

"Sale of Turkmen gas to Iran and China expands a field for Ashgabat to negotiate with Russia. It can promote rise in prices for Turkmen gas," Meister said.

Now it is important to search other sources of energy in Europe itself. But it could cost the EU more expensive than buying gas from abroad, the expert said.

The expert said Brussels and the neighboring countries are not interested in the situation happening in Central Asia now. The contracts of Turkmenistan are the negative trend for Europe, but it is not a catastrophe. Despite the large amounts of Turkmen gas envisaged for Russia, Iran and China, Turkmenistan will be able to fill Nabucco gas pipeline with its gas, if it is implemented, Meister said.

Brussels and the neighboring states are not interested in what is now happening in Central Asia, the expert said, the contracts of Turkmenistan are the negative trend in Europe, "but it's not a catastrophe. Despite the large amounts of Turkmen gas destined for Russia, Iran and China, Turkmenistan also be able to fill their gas pipeline Nabucco, if implemented, says Meister.

From early January 2010 Turkmenistan resumed its gas supplies to Russia ceased in April 2009 for technical reasons. During the Russian President's visit to Ashgabat in December 2009, the agreement was reached. This agreement stipulates that Russia will be supplied with about 30 billion cubic meters of gas from Turkmenistan. Iran will receive from 8 to 20 billion cubic meters of gas per year from Turkmenistan. Gas will be supplied from Turkmenistan to China through the Trans-Asian gas pipeline Turkmenistan - Uzbekistan - Kazakhstan - China with a projected capacity of 60 billion cubic meters of gas.

The expert said the issue related to the Nabucco is that if EU countries and companies want to build the Nabucco and invest enough money in regional projects. Turkmenistan is also interested in diversifying its gas supplies by all possible ways, expert said.

Meister said it is necessary for Ashgabat to gain independence from Russia's gas monopoly. But at the same time, it is not interested in too strong dependence on China.

"Thus, cooperation with the EU will be useful to Turkmenistan to diversify its supplies and the talks on prices with all other purchasers of gas," he said.

Gas from Turkmenistan can join the Nabucco pipeline by three ways - through Russia, Iran and the Caspian Sea. At present, cooperation with Iran is impossible for European countries, because of the Iranian regime and U.S. sanctions, Meister said.

"There is transit through Russia. But the European Union is still looking for alternative ways for the transit of Central Asian gas to Europe to reduce dependence on Russia's monopoly," he said.

The expert said it is important for the EU to have other suppliers and transit countries, besides Russia, at least for competition in gas prices.

The Caspian Sea and Turkey are potential alternative transit routes for pumping gas from Central Asia to Europe. It is in the interests of the EU and other countries in the region, Meister said.

Meister is sure that all parties will agree on construction of a trans-Caspian pipeline. Construction of this pipeline is in the interests of Azerbaijan and Turkmenistan. But the question is who will pay for its construction?

Uzbekneftegaz to accelerate sale of gas stations serving farms
Uzbekneftegaz to accelerate sale of gas stations serving farms
New free economic zone established in Uzbekistan’s Karakalpakstan
New free economic zone established in Uzbekistan’s Karakalpakstan
Uzbekistan to sale jewelry via e-commerce
Uzbekistan to sale jewelry via e-commerce
Loading Bars
Latest
Turkey registers more than 9 500 new coronavirus cases
Johnson & Johnson's one-dose vaccine closes in on U.S. approval
Pashinyan shows anti-Russia stance, denigrates 'Iskander' missile fired on Azerbaijan
Azerbaijani FM, European commissioner for Neighborhood and Enlargement discuss situation in region
Azerbaijani FM meets Ukrainian deputy FM (PHOTO)
Visitors show great interest in Azerbaijani products at Gulfood 2021 exhibition (PHOTO)
Azerbaijan discloses amount of investments in economy of Turkic-speaking states
Assistant to Azerbaijani president meets with Ukrainian deputy minister for foreign affairs (PHOTO)
Japan eyes to support development of Georgian agrarian potential
Airlines expanding their activities in Georgia
Georgia reports three cases of UK coronavirus strain
Azerbaijan talks state-supported domestic SME market researches for 2020
Iran's Khatam Al-Anbia Headquarters to begin second phase of Chabahar port development project
Georgia to receive AstraZeneca Vaccine from South Korea and India
Turkmengas opens tender for purchase of technological equipment
Port of Baku records growth in annual turnover despite pandemic
Uzbekneftegaz to accelerate sale of gas stations serving farms
Azerbaijan sees growth of long-term loans to legal entities in real estate sector
Kazakhstan's Parliament approves amendments to bill on uranium mining
Iran's Shahid Tondgooyan Petrochemical Company fulfills its production plan
Georgian Hualing FIZ to begin serial production of furniture
Ukraine International Airlines receives permission to operate flights to Baku
New free economic zone established in Uzbekistan’s Karakalpakstan
Precious metal prices down in Azerbaijan
Azerbaijani industrial sector's lending notably grows
Turkmenistan's Project CA Desert Initiative opens tender for purchase of motorcycles
Inspectorate International Ltd. wins tender launched by Azerbaijani mining company
Turkish, Azerbaijani, and Turkmen FMs adopt joint statement following trilateral meeting (PHOTO)
Programs of Azerbaijani Communications Ministry to raise local startups to world standards
Uzbekistan to sale jewelry via e-commerce
Azerbaijan's Jan. 2021 import of goods increases
Azerbaijan sees multifold growth in bank mortgage lending
Georgia eases some COVID-19 restrictions
Marketed gas production resources set to change by 2050
Azerbaijan discloses volume of goods exported in Jan. 2021
Iran reveals COVID-19 data for February 24
JCPOA signatories require to take big steps towards commitments - Iranian MP
Iran to jointly produce COVID-19 vaccine with Russia by March
Azerbaijan talks use of 'smart' services in liberated lands
Most of lending in communications and transport sector accounts for foreign currency in Azerbaijan
Kazakhstan's banking sector faces pressure from global economic slowdown
Iran declares volume of exports-imports via Shahid Bahonar port revealed
Denmark to ease some COVID-19 restrictions from March 1
Georgia simplifies entry rules for citizens of Russia, Azerbaijan, Belarus and Ukraine
Kazakhstan Railways opens tender to rent lifting equipment
Iran to export five pharmaceutical products
Kazakhstan's Karachaganak Gas Debottlenecking Project progresses despite COVID-19
Turkmenistan prepares to harvest licorice root
Karachaganak Petroleum Operating reports historical maximum liquid production
Iran to begin its human trial phase of Razi Cov-Pars vaccine
Central Bank of Iran allocates funds to buy Indian COVID-19 vaccine
German economy to shrink some 1.5% in early 2021
Iranian social media influencers to pay tax
Azerbaijan reports 145 more COVID-19 recoveries
South Korea grounds all local airlines' Boeing 777s with PW4000 engines
Azerbaijan's Innovation Agency becomes first full-fledged member of IASP in region
Huawei's solutions to help communication operators to simplify 5G network deployment
Azerbaijan reveals Jan. 2021 crude oil exports to Croatia
War crimes of chief of Armenia's General Staff - new facts revealed
Azerbaijan releases footage on airstrikes of Su-25 attack on Armenian Armed Forces during Karabakh war (PHOTO/VIDEO)
Production of machinery and equipment up in Azerbaijan
India, Bangladesh to heighten diplomatic engagements in run-up to PM Modi’s visit to Dhaka
Azerbaijan to become Eurasia’s third largest gas producer – GECF
Plan for restoration of small mines in Iran overfulfilled
Kazakh power networks maintenance company to buy containers via tender
Deutsche Bank upgrades U.S. GDP forecast on stimulus push
Number of real estate transactions in Tbilisi down
Turkmenistan’s Union of Industrialists, French MEDEF sign MoU
Koo targets 100 million users this year with 'micro-blog of India' tag
Indian Air Force chief reaches Dhaka on 4-day visit
India signs free trade agreement with Mauritius, delivers additional 100,000 COVID-19 vaccines
Demand for notes of Central Bank of Azerbaijan exceeds supply
Indian defence ministry clears military purchases worth Rs 2,920 crore, rifles from US among them
Harmful microorganisms found in Russian chicken products imported to Azerbaijan
Turkmenistan working on cybersecurity upgrades at Center of Digital Systems
Azerbaijani currency rates for Feb.24
EU Special Representative Toivo Klaar to visit Georgia and Azerbaijan
Azerbaijan increases gas supplies to Turkey by nearly 19%
Azerbaijan shows footage from Aghdam village of Khojavend district (PHOTO/VIDEO)
President of Turkey to visit Turkmenistan
Foreign investments made in Iran's agricultural sector
Uzbek telecom enterprise to buy metal structures for communication towers via tender
Uzbekistan, AIIB eye accelerating modernization of water supply systems in Bukhara region
Georgia reports 443 new coronavirus cases
Georgian TBC Bank predicts short-term fluctuations in lari exchange rate
Turkey reveals January 2021 volume of cargo shipment from Spain
German clothing brands interested in co-op with Uzbek clothing manufacturers
N. Macedonia talks on financing project to connect to Southern Gas Corridor
N.Macedonia to get Azerbaijani gas via interconnection with Greece – minister
Non-OPEC crude, other liquids’ supply to rise in 2022 – JP Morgan
Demand for compulsory insurance prevailed in Azerbaijani real estate market in 2020 - AIA
MOL to reduce group-level emissions by 30% by 2030
Baku-Tbilisi-Ceyhan oil transportation to Turkey down y-o-y
Service industries play significant role in Turkmenistan's economy
Uzbekistan Railways, Indonesian travel association agree on operating charter flights
Uzbekistan, Singapore discuss project on creation of cotton-textile clusters in several Uzbek regions
Uzbekistan, Qatar consider development of interaction in tourism sector
RON-80 gasoline at Uzbek commodity exchange sold at starting price
Azerbaijani oil prices continue to grow
Turkey discloses number of Mersin port's received ships in January 2021
All news