Trans-Caspian pipeline to prevent Iranian gas from reaching Europe

Azerbaijan, Baku, Sept. 23 /Trend T.Konyayeva/

The Trans-Caspian gas pipeline will reduce Iran's chances to become a gas exporter for Europe, experts believe.

"Protecting its national interest, as a potential gas exporter, Iran naturally cannot be supportive of other exporters in the market," Professor Reza Taghizadeh, a member of the Trend Experts Council, wrote in an email. "The Trans-Caspian pipeline limits Iran capability to become Europe's energy partner. Iran will support such a project if only its own supply of gas will be taken on board."

Last week, the EU adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans-Caspian Pipeline System.

Later, Iran and Russia expressed negative attitude toward this project. Tehran and Moscow think that the pipeline construction will damage the Caspian Sea environment.

The pipeline, with a length of 300 kilometers, will be laid from the Turkmen coast of the Caspian Sea to Azerbaijan, where it will be connected to the Southern Gas Corridor.
Talks between Turkmenistan and the EU and other countries on the construction of the Trans-Caspian gas pipeline have been conducted since late 1990s. Its construction is now difficult because of unresolved status of the Caspian Sea.

In addition to economic reasons, Taghizadeh thinks Iran's opposition to the Trans-Caspian pipeline has both political and environmental dimensions.

"The environmental concerns are undeniable because the Caspian Sea's unique ecological system is excessively fragile. The Caspian Sea is closed, and vulnerable towards manmade hazards, such as excessive pollution resulted from further oil and gas productions," he said.

Besides, the Caspian basin is located right on the earthquake built, Taghizadeh added.

"Therefore, any quack under the sea water and around the region could break the pipe, releasing poisonous gases into the sea water and endangering marine life so gravely, before being controlled. The depth of the sea near Iranian coastlines, which is about 980 meters, makes it no more palpable to take," he said.

As regards to political reasons, Taghizadeh believes that the Trans-Caspian pipeline would definitely compromise common ownership of the sea status, and in a way, could divide boundaries of the littoral states.

"However, Russia and Iran both prefer to stay connected and enjoy the benefits of being neighbours," he said.

Taghizadeh thinks Iran would do its best to stand firmly against the Trans-Caspian pipeline, before the legal status of the Caspian Sea is determined.

"At this stage Iran demands the assumption of a dynamic role in the Caspian Sea energy economy plus a faire share of its sea water and the natural resources. None has yet been offered to it and therefore Iran could see no further loses to be incurred if stands on the way of its neighbours developing their own resources," he said.

In November 2003, the Caspian littoral countries (Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan) signed the Framework Convention for the Protection of the Marine Environment of the Caspian Sea.

In July 1998 Russia and Kazakhstan signed an agreement on the delineation of the northern part of the Caspian Sea in order to exercise sovereign rights for subsoil use.

On Nov. 29, 2001, and Feb. 27, 2003, Kazakhstan and Azerbaijan signed an agreement on the delineation of the Caspian Sea.

Kazakhstan, Azerbaijan and Russia signed an agreement on the delineation of adjacent sections of the Caspian Sea on May 14, 2003.

As to finalizing the legal status of the Caspian Sea, the consultations are under way on this issue.

U.S. Northeastern University Professor Kamran Dadkhah also believes that the real reasons for Iranian and Russian opposition to the Trans-Caspian pipeline are economic benefits and political motives.

"First, the project does not involve Iran and Russia although Russia has the largest proven gas reserves and Iran the second largest. Thus, they feel that they are left out of a significant gas project feeding Europe," Dadkhah wrote Trend in an email.

He believes Iran feels it is left out of this project as well as the Nabucco pipeline.

"This would have been an opportunity for Iran to break into the market. But of course the problem is the international sanctions and the opposition of the United States and some European countries to Iran participation," Dadkhah said.

A second reason for both countries to oppose the project is that the legal framework and boundaries of sovereignty over the Caspian Sea are not finalized, the expert believes.

"Iran feels that it has been cheated out of its rightful share in the resources of the sea. The gas project extending a pipeline under the water without the participation of Iran would be de facto recognition of the usage of the sea by Turkmenistan, Kazakhstan, and Azerbaijan without regard for Iran's right," Dadkhah said.

For some unclear reasons, Iran's opposition to the project has been rather mute, he concluded.

The European Union's talks with Azerbaijan and Turkmenistan on the project of laying Trans-Caspian pipeline will begin in October, European External Action Service (EEAS) Director for Eastern Partnership Gunnar Wiegand told journalists in Baku on Sept. 23.

Subscribe to Trend in Google News! Subscribe
Iran and Syria to launch a joint mercantile exchange
Iran and Syria to launch a joint mercantile exchange
Iran discloses amount of money provided for purchase of agricultural machinery
Iran discloses amount of money provided for purchase of agricultural machinery
Iran`s Khodro, Saipa automakers receive green light to raise prices on cars
Iran`s Khodro, Saipa automakers receive green light to raise prices on cars
Loading Bars
Azerbaijan proposes new version of budget rule – minister
Azerbaijan working to prepare Budget Code
Iran is ready to start co-op with Azerbaijan, Russia in synchronization of power grids - minister
Azerbaijan appoints new president of Wrestling Federation
EIB, EBRD assess financing opportunities for Georgian business
Central Bank of Azerbaijan puts into circulation new 20 qepik coin
Turkmenistan launches production of Shir deri branded shoes
Uzbek Statistics Committee publishes leading regions in terms of food production
Georgia seeks funding for underground gas reservoir construction
Uzbek Commodity Exchange announces its weekly quotes of commodities for export
Tactical-Special Exercises held in Azerbaijani Nakhchivan (PHOTO/VIDEO)
Iran and Syria to launch a joint mercantile exchange
Central Bank of Azerbaijan to put into circulation new 20 manat banknote soon (PHOTO)
Iran discloses amount of money provided for purchase of agricultural machinery
Russia’s Astrakhan Business Center in Baku to attract businessmen, humanitarian reps - governor
Oil prices expected to strengthen again in 2023
Iran`s Khodro, Saipa automakers receive green light to raise prices on cars
Azerbaijan shares predictions on GDP growth rates for 2022-2026
Iran's Bahar Azadi gold coin prices dip
Indian Oil Corporation renews deal to buy up to 2 MT of oil from Russia's Rosneft
Azerbaijan boosts chemical exports for 10M2021
Foreign Secretary, Bangladesh Foreign Minister discuss COVID-19 cooperation
Number of passenger planes received by Iran’s Gorgan International Airport up
Baku State University opens tender for security services
Indian DRDO carries out successful test firing of surface-to-air missile
Turkey ready to mediate to reduce tension between Russia, Ukraine – President Erdogan
Kazakhstan shares forecast on oil production volume by 2030
Iran produces 5 million doses of domestic Noora COVID-19 vaccine
Bahrain parliament approves value-added tax increase to 10%
Challenge for OPEC+ beyond 2022 may shift towards managing upside risks
Israel budget deficit falls to 4.6% of GDP yr/yr in November
Gas withdrawal from European UGS 19% above average in December — Gazprom
India develops AESA radar to make IAF fighters more lethal
Iran`s National Development Fund voices readiness to back mega projects
Iran's trade with China declining
Iran seeks to boost trade with Syria through private sector
Pfizer, BioNTech vaccine neutralises Omicron with three shots
Red Cross to build regional logistics hub in Georgia
Kazakhstan reports increase in purchase prices for new housing
SOCAR Petroleum among largest taxpayers in Ukrainian fuel market
Azerbaijan launches construction of tunnels on Horadiz-Jabrayil-Zangilan-Aghband highway (PHOTO)
Azerbaijan, Iran hold discussions on development of co-op in oil-gas sector
Armenian troops shoot at Azerbaijani military positions in Kalbajar
Azerbaijan's activities in energy sector - commendable, says Iranian minister
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,210 more COVID-19 cases, 1,853 recoveries
US-led global release of strategic petroleum reserves may accelerate oversupply
Initial acquaintance with minefields maps provided by Armenia creates impression of inaccuracy – ANAMA
Main goal of Google Pay - to ease payment possibility for users, says head of operations strategy
Azerbaijan shares data on oil export to Switzerland for 10M2021
Azerbaijan discloses oil exports to Greece over 10M2021
bp says delivery of final major equipment packages for ACE complete
bp talks latest progress in ACE platform construction
Georgia shows positive growth in tourism revenue recovery – TBC Capital
Russia begins sea trials of 'Peter the Great' cruise ship - Astrakhan governor
Iran sees increase in volume of cargo loaded/unloaded in Genaveh port
Azericard looks to expand innovative payment tools in Azerbaijan
Uzbekistan reveals main countries in terms of imports for 10M2021
Several wheat varieties sown in Azerbaijan's liberated lands (PHOTO)
Central Bank of Azerbaijan plans to develop standards to support open banking technologies in 2022
Azerbaijan, Russia’s Astrakhan to co-op in dev’t of North-South transport corridor – Astrakhan governor
Central Bank of Azerbaijan unveils five main directions of digital payment development strategy
S&P Global Ratings announces Uzbek Ravnaq-bank's credit rating
China's Venus Medtech buys Israeli co Cardiovalve
Central Bank of Azerbaijan to develop document on conceptual approach to digital currency creation in 2022
Uzbekistan names leading countries in terms of exports in 10M2021
National Bank of Georgia reduces mortgage loans term
Iran reveals COVID-19 data for December 8
Tesla sold 52,859 China-made vehicles in November
Azerbaijan developing new training programs for qualified workers - minister
UAE to allow establishment of acquisition companies
MasterCard eyes expanding non-cash payment opportunities for public transport in Azerbaijani regions
Light Industry Development Project in Georgia getting support from USAID
Azerbaijani Ombudsman talks about measures on Armenia's execution of decision of Int'l Court of Justice
IRICA shares data on Iran’s steel, iron products export
Azerbaijan, Iran discuss issue on construction of bridge and pedestrian crossing over Astarachay River
Social Democrat Olaf Scholz elected as German chancellor
Iran to launch new power units for TPPs
Lithuanian BS/2 to expand its business in Azerbaijan
Eurasian petroleum production to continue positive trend by 2022
Cargo transportation via Iran's Urmia International Airport increases
Kazakhstan, Kyrgyzstan to build industrial trade and logistics complex on border
Europe to see increase in petroleum, other liquids output
MasterCard implements projects to expand contactless, non-cash payments in Azerbaijan
Azerbaijan researching to create digital manat
Russian S7 Airlines launches regular flights to Uzbekistan
Azerbaijan assigned social payment to 20,000 families of martyrs from early 2021 – minister
National Bank of Georgia tightens monetary policy rate
Personal exhibition of Brazilian street artist to open at Azerbaijan's Heydar Aliyev Center
Iran working to increase amount of solar panels installed on rooftops
Azerbaijan to file two lawsuits against Armenia in 2022 – MFA
Azerbaijani, Turkish FMs hold phone talk
Int'l Court of Justice rejected Armenia's petition on War Trophy Park - Azerbaijani MFA
Activities in Iran’s Jask Port down
Azerbaijan's SMBDA eyes creating alternative source of lending to SME entrepreneurs
Azerbaijan's SMEs have wide access to cashless solutions – SMBDA
Proposal made to exempt from taxes import of goods for mine clearance to Azerbaijan
Transition to open, digital banking envisaged in Azerbaijan in next five years – CBA (PHOTO)
Kazakhstan forecasts unchanged volume of oil production in 2022
Azerbaijan’s Central Bank takes measures to ensure high level dev’t of non-cash payments (Exclusive)
All news