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Caspian region’s huge gas potential to play key role for gas supplies to Europe

Oil&Gas Materials 2 December 2011 17:42 (UTC +04:00)
Caspian region has huge gas potential and it will play a key role for gas supplies to Europe, Ulrich Benterbusch, Director for Global Energy Dialogue at the International Energy Agency (IEA) said at the presentation of the IEA special report “World Energy Outlook 2011” in Baku on Friday.
Caspian region’s huge gas potential to play key role for gas supplies to Europe

Azerbaijan, Baku, Dec.2 / Trend, A.Badalova /

Caspian region has huge gas potential and it will play a key role for gas supplies to Europe, Ulrich Benterbusch, Director for Global Energy Dialogue at the International Energy Agency (IEA) said at the presentation of the IEA special report "World Energy Outlook 2011" in Baku on Friday.

"We are pretty much convinced that the Caspian region will play a key role for gas supplies to Europe. We have also convinced that business and governments will find a solution to pipeline problem," he said.

Beterbush said that after Fukushima the Western Europe will need more gas.

Beterbush is quite optimistic that Europe's demand for gas in the Caspian region will find right pipeline decision.

He said Europe is very keen to increase the energy security.

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