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EU updates on talks over Trans Caspian Pipeline System

Oil&Gas Materials 29 September 2017 10:40 (UTC +04:00)

Baku, Azerbaijan, Sept.29

By Leman Zeynalova – Trend:

The talks on the Trans Caspian Pipeline System continue between the European Union, Azerbaijan and Turkmenistan, Anca Paduraru, Spokesperson for Health, Food Safety and Energy Union projects at the European Commission told Azernews and Trend.

“EU is negotiating with Azerbaijan and Turkmenistan over the Trans Caspian Pipeline System. Negotiations are ongoing,” added Paduraru.

The European Union adopted a mandate in 2011 to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System.

This was the first time that the European Union proposed a treaty in support of an infrastructure project.

The Trans Caspian Pipeline agreement will set the basis for the construction of a submarine pipeline connecting Turkmenistan to Azerbaijan, and in turn link this pipeline to infrastructure that will bring gas from Central Asia to the EU.

Discussions with Azerbaijan and Turkmenistan focus on inter alia a treaty setting out legal commitments between the European Union, Turkmenistan and Azerbaijan, the bilateral arrangements necessary for Turkmenistan and Azerbaijan to achieve the commissioning, building, and operation of the Trans Caspian Pipeline itself, and the legal framework that will apply to filling the pipeline with gas from Turkmenistan, including an appropriate recognition of commercial arrangements.

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