Turkmen gas: in several steps from Europe

Turkmen gas: in several steps from Europe

Baku, Azerbaijan, Sept. 12 /Trend/

Azer Ahmedbeyli, an expert of Trend Analytical Center

Strategic plans of the representatives of the Euro-Atlantic space "to fasten" raw material base of Central Asian countries to Europe cause negative reactions from neighbors - Russia and Iran, who consider such a scenario inconsistent with their national interests.
Last week, the French Total Company announced the discovery of large reserves of natural gas and condensate on the Absheron field in the Azerbaijani sector of the Caspian Sea.

Today it was announced that the potential reserves of this field are 350 billion cubic meters of gas and 45 million tons of condensate. The comments and expert assessments regarding this event reflect an idea that the discovery of large gas reserves on the field Absheron field can play a positive role in realization of Nabucco project.

For example, according to experts and international observers in Turkmenistan, the discovery of large gas reserves on the Absheron field could accelerate the arrival of western companies in the Caspian Sea as a whole. Total's announcement of discovering large natural gas and gas condensate at the Absheron field in Azerbaijan is great news for Total, for Azerbaijan, and for the Southern Corridor, which will help Europe to diversify its supplies of natural gas, U.S. ambassador to Azerbaijan Matthew Bryza told Trend.

The subtext of various comments and statements on this issue is clear: in addition to strengthening Azerbaijan's role as a key provider for the South Corridor project, the urgency to connect Turkmenistan's gas to the project is increasing. In this regard, it would be not superfluous to note how things are going in Iraq - a country that was initially considered one of the sources of supply as part of the Nabucco project. Recently the government of Iraqi Kurdistan - semi-autonomous region in northern Iraq stopped oil exports without describing reasons. It is not secret that the regional and central government in Baghdad have sharp disagreements over the distribution of revenues from exports of hydrocarbons. Such facts do not make glad, but alarm the participants of Southern Corridor that need to guarantee security of supply.

In support of its seriousness, today the European Union has adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System. "Trans-Caspian pipeline is a major project of Southern Gas Corridor that is necessary to deliver gas from new sources in the Caspian region to Europe, said EU Energy Commissioner Guenther Oettinger. - We intend to achieve this as soon as possible".

Providing mandate constitutes a milestone in the realisation of the Southern Corridor and is the first operational decision as part of a coordinated and united external energy strategy, the EU statement says. Discussions with Azerbaijan and Turkmenistan will 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.

Trans-Caspian gas 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 European Union and other countries on the construction of the Trans-Caspian gas pipeline have been conducted since late 1990s.
At a meeting today, Iranian Oil Minister Rostam Qasemi and Russian Energy Minister Sergei Shmatko expressed their opposition to the construction of any gas pipeline in the Caspian Sea because of the environmental hazards, Iranian SHANA news agency reported. This is the very negative reaction, which was mentioned at the beginning, although during Russia's construction of "Blue Stream" via the Black Sea, nobody used the term "prevention".

Meanwhile, in November 2010, President Berdimuhamedov made a public statement that was firmly convinced that the consent of those countries, through whose sea sections the pipeline will pass, is sufficient for the implementation of pipeline projects via the Caspian Sea, saying that it is not necessary to wait for a final decision on the status of the Caspian by all littoral countries.

Turkmenistan also expressed its readiness to supply Nabucco project with 40 billion cubic meters of gas per year, of which 10 billion can be provided by Malaysian Petronas operating on the offshore block of Turkmenistan, and the remaining volume can be provided through the East-West gas pipeline.

Construction of only 300-kilometers export pipeline may change the entire future situation on the international oil and gas market - beginning from gas prices to creation of a precedent for the implementation of other trans-Caspian projects such as Kazakhstan-Azerbaijan oil pipeline. Having a stable and lasting source of Caspian gas supply, Europe in many ways removes the exciting issue of energy security.

Subscribe to Trend in Google News! Subscribe
Kazakhstan ratifies agreements on military-technical assistance with Tajikistan and Kyrgyzstan
Kazakhstan ratifies agreements on military-technical assistance with Tajikistan and Kyrgyzstan
Turkmenistan, Tajikistan to attract small, medium businesses to joint projects
Turkmenistan, Tajikistan to attract small, medium businesses to joint projects
Kyrgyz border service reports shots from Tajikistan
Kyrgyz border service reports shots from Tajikistan
Loading Bars
Azerbaijan handed over 10 persons of Armenian descent to Armenia
Erdogan discusses humanitarian aid with Red Crescent, Red Cross
Uzbekistan intends to increase dried fruit exports to China
No Omicron strain detected in Georgia - NCDC Head
Aligarh’s Areeba shoots to fame, breaks stereotypes about Muslim girls
Iran’s Bahar Azadi gold coin price skyrockets
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,406 more COVID-19 cases, 1,787 recoveries
Tactical exercises held in Azerbaijan's commando military unit - MoD (PHOTO/VIDEO)
New composition of Supervisory Board of Azerbaijan Industrial Corporation approved
Iran reveals COVID-19 data for December 4
President Ilham Aliyev sends congratulations to heads of Thailand, Finland
France, Europeans working to open joint mission in Afghanistan - Macron
Ranking of natural gas importers from Azerbaijan
Uzbek Commodity and Raw Materials Exchange reveals volume of its transactions
SOCAR Georgia Gas announces tender on gas stations restoration
Iran eyes increase in passenger transportation via Yazd Shahid Sadooghi Airport
Azerbaijan reveals oil exports to Canada in 10M2021
Weekly review of main events in Azerbaijan's transport sector
Turkmenistan’s president approves anti-crisis program for 2022
Azerbaijan’s liberated territories have high potential for solar energy - RES agency
Weekly review of key events in Azerbaijan's ICT sector
Russian company to help automate, digitalize processes in Uzbek energy sector
Iran reaches increase in load/unload operations in Shahid Bahonar port
Top 10 Azerbaijani oil importers
MFA reveals reason why Armenia-Azerbaijan ministerial meeting didn't take place
Kazakhstan talks construction of wind power plants in Kostanay region
Azerbaijan achieves practical results to restore hydropower plants in liberated lands - agency's CEO
Azerbaijan’s metallurgical company notes increases in steel production over 9M2021
Iran also to be able to take advantage of Zangazur corridor – ex-Iranian ambassador to Azerbaijan
Russia-UAE trade turnover hits fresh all-time high surpassing $4 bln - Mishustin
Kazakhstan’s Almaty Power Plants to buy pumping, ventilation equipment via tender
Azerbaijan discloses oil exports to Ukraine over 10M2021
Azerbaijan unveils volume of oil exports to Belarus in first 10M2021
Georgian Railway shares updated report on income within 9M2021
Azerbaijan’s 10M2021 oil exports to UK revealed
Kazakhstan to timely fulfill its obligations under COP26 – PM
Azerbaijan opens investment tender to privatize Sumgayit Construction Service company
Iran finds way to supply its far north, north-east provinces with gas
Georgia releases COVID-19 data for December 4
LUKOIL Uzbekistan Operating LLC opens tender for supply of shut-off and control valves
Mikheil Saakashvili not to be treated abroad – Georgia's minister
Russia offers Azerbaijan to switch to barcoding for fruit, vegetables exports
Tripartite gas swap deal with Turkmenistan, Azerbaijan, may help Iran kill two birds with one stone
Azerbaijan Mortgage and Credit Guarantee Fund issues record amount of loans in 10M2021
Goods movement across Azerbaijani-Russian border to be accelerated
Azerbaijani oil prices increase
Kazakhstan boosts trade with Romania over 9M2021
Weekly review of Azerbaijan's oil & gas sector
Weekly review of Azerbaijani precious metals market
Weekly review of Azerbaijani currency market
Treatment of servicemen injured in helicopter crash of Azerbaijan’s State Border Service continues
Turkey to support Azerbaijan in installing seismic stations in Karabakh
Iran aims to increase local solar power production
Gamaleya Center ready to accept state order for up to 10 mln sets of Sputnik M
Kazakhstan’s Intergas Central Asia to buy welding equipment via tender
Georgia’s export of oil products increases
India’s air defence gets a big boost, Russia starts delivery of S-400 missiles
India's defence procurement guided by national security interests: MEA
Uzbekistan shares domestic COVID-19 data for December 3
Iranian currency rates for December 4
Turkey's export product labeling changes
S.Korea reports record-high COVID-19 cases, deaths
Iran, China review cinematic cooperation
Georgia and Poland have potential for development of bilateral trade
Kyrgyzstan, Russia presidents hold telephone conversation
Japan PM Kishida likely to cancel U.S. visit due to Omicron
Militants kill at least 31 in central Mali, say local authorities
Tunisia confirms 1st case of Omicron variant infection
Turkey confirms 21,495 daily COVID-19 cases
France announces new travel restrictions
IMF chief says Omicron could dent global economic growth
France evacuates more than 300 people from Afghanistan
UK records more than 50,000 new coronavirus cases
Italy's economy projected to grow 6.3 pct this year
Kazakhstan decreases petroleum gas export to Hungary amid global pandemic
Militants kill 7 soldiers in Nigeria's northeastern Borno state
Iran nuclear talks adjourn, resume next week
South Africa hit by fourth COVID wave driven by Omicron
Budget for social rehabilitation and childcare to reach 52 mln GEL next year, Georgian PM says
Putin informs Erdogan on main results of Sochi trilateral meeting
Turkey introduces action plan to improve lives of the disabled
Construction of 50MW solar power plant underway in Kazakhstan
Azerbaijani FM, OSCE rep exchange views on OSCE Charter (PHOTO)
Human remains discovered in Caspian Sea and recovered - SOCAR
Iran highlights need for more customs cooperation with Pakistan
Volume of investments in construction of bp's power plant in liberated Azerbaijani lands revealed
Turkmen gas may be supplied to Europe via Caspian Connector project - ambassador
Turkish, Russian Presidents hold phone talks
Azerbaijan’s Pasha Holding talks about development strategy
Azerbaijan's Heydar Aliyev Foundation, UNICEF sign another memorandum of understanding (PHOTO)
Azerbaijan shares data on number of vaccinated citizens
Azerbaijani, Turkish military pilots conduct joint training flights in Baku (PHOTO/VIDEO)
Azerbaijan confirms 1,703 more COVID-19 cases, 2,180 recoveries
Turkmenistan can supply natural gas to European market until 2050 - ambassador
Azerbaijan discloses export volume of petroleum coke
Azerbaijan's Finance Ministry to auction gov't bonds via Baku Stock Exchange
SOCAR begins testing of new mobile diving complex
Israeli co Fireblocks raising $400m at $8b valuation
Croatia remains one of Russia’s key partners in EU
All news