Turkmenistan intends to supply gas to Europe: Berdimuhammedov

Oil&Gas Materials 25 May 2011 16:28 (UTC +04:00)

Turkmenistan , Ashgabat , May 25 / corr Trend H . Hasanov /

Turkmenistan is taking concrete steps to create multi-vector system of pipelines for reliable, stable and long-term energy supplies to the world markets , including Europe , President of Turkmenistan Gurbangulu Berdimuhammedov said in his appeal to participants in the international gas congress, which opened in Caspian Sea resort Avaza .

"It is profitable both for crude exporters and for their consumers," Berdimuhammedov underscored.

According to Berdimuhammedov , in future it is planned to supply Turkmen gas to Europe , establish close interaction with the nations of this region in the oil and gas sector.

Fruitful talks between Turkmenistan and the EU on the top to mull Turkmen gas deliveries are huge impulse for practical implementation of this project, he added.

Experts believe route to Europe via Azerbaijan seems more attractive for the Caspian littoral Turkmenistan , which is the world's fourth natural gas holder following Russia, Iran , and Qatar .

The talks between Berdimuhammedov and Romania 's President Traian Basescu in Bucharest on May 11-13 underlined the importance of Turkmen gas supplies in the European direction , as well as Nabucco and AGRI, which Romania favors .

Both projects were initially designed to deliver gas from Azerbaijan , which further claims at a role of huge transitor of hydrocarbons from Central Asia . Along with Turkmenistan , Uzbekistan and Kazakhstan also possess considerable gas reserves , while exploration work is actively carried out in the nearby Afghanistan . Turkmen gas is successfully transported via the Azerbaijani ports on regular basis .

In addition, Baku has serious agreements with the EU , which encourages the Nabucco pipeline project, within the framework of the Azerbaijan-Georgia-Romania Interconnector (AGRI) intergovernmental project , envisaging liquefied gas supplies to Romanian via the Georgia's Black Sea coast .

Trans-Caspian pipeline infrastructure makes possible the Caspian resources further connection to Nabucco large-scale transnational project , which is scheduled for construction in 2013 .

Nabucco pipeline's maximum capacity will hit 31 billion cubic meters per year. Participants of the project are Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE companies.