Turkmenistan-EU cooperation prospects observed in gas supply
Ashgabat, Turkmenistan, May 24
By Huseyn Hasanov- Trend:
There are great prospects for Turkmenistan-EU partnership in natural gas supply, Turkmengaz State Concern reported on May 23 citing chairman of the concern Charymuhamet Hommadov's report at the recent International Gas Conference in Turkmenistan.
"As a reliable exporter of gas and a key player on the world energy arena, Turkmenistan has great partnership prospects with the EU regarding Turkmen natural gas supplies to Europe," according to the report.
Turkmenistan establishes its external relations to fully promote the integration and investment processes designed to promote world peace and prosperity, social and economic development, according to the report.
"Turkmenistan considers the projects and options of gas export, as well as to Europe, in particular, the Trans-Caspian gas pipeline to diversify energy supplies to the world markets," Turkmen Minister of Petroleum and Mineral Resources Muhammetnur Halylov said at the congress.
"Europe regards Turkmenistan as a prospective and reliable natural gas supplier, Energy Charter Secretary General Urban Rusnak said at the meeting with Turkmen President Gurbanguly Berdimuhamedov in Ashgabat in February, 2014.
Turkmenistan is a key player in the Caspian Sea region and Central Asian gas market. Currently, the consumers of Turkmenistan's natural gas are China, Iran and Russia.
Turkmenistan ranks fourth in the world in terms of natural gas reserves and seeks new markets.
Turkmenistan's resources can be delivered to the European markets through the Caspian Sea by constructing a 300-kilometer long pipeline along the sea bottom to the coast of Azerbaijan.
Afterwards the Turkmen fuel can be sent to Turkey which has a common border with European countries.