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First high-level meeting of working group on Trans-Caspian pipeline opens

Oil&Gas Materials 14 July 2015 17:48 (UTC +04:00)
The first high-level meeting of the working group on Trans-Caspian pipeline (TCP) has opened, EU Commission Vice-President Maroš Šefčovič tweeted on July 14.
First high-level meeting of working group on Trans-Caspian pipeline opens

Baku, Azerbaijan, July 14

By Aygun Badalova - Trend:

The first high-level meeting of the working group on Trans-Caspian pipeline (TCP) has opened, EU Commission Vice-President Maroš Šefčovič tweeted on July 14.

In his tweet Šefčovič said that 10 weeks after his visit to Ashgabat, the first high-level meeting of working group on TCP opened this morning.

In his another tweet he said Azerbaijan, Georgia, Turkmenistan and Turkey discuss jointly with the European Commission principles and practical steps for future cooperation.

The Trans-Caspian pipeline project is regarded as the optimal option for delivering Turkmen resources to European markets. The project envisages the laying of around 300 kilometers long gas pipeline under the Caspian to the shores of Azerbaijan. Further Turkmen can be transported to Turkey which has mutual borders with European countries.

The project may be implemented as a part of huge Southern Gas Corridor project designed to transport gas from the Caspian region to European countries. The gas to be produced within the second stage of Azerbaijani Shah Deniz field development is designed to open the Southern Gas Corridor.

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