EU proposes to establish consortium for Turkmen gas import
The EU proposes to establish a consortium with the participation of major European energy companies, which can take some time.
This proposal was made by Maroš Šefčovič, deputy chairman of the European Commission on Energy Union of the EU as part of a quadripartite meeting on gas supplies to Europe held in Turkmenistan, Azerbaijani Minister of Energy Natig Aliyev said.
"The Turkmen side expressed its interest in supplying its gas to Europe via the Trans-Caspian pipeline," the minister said. "Turkmenistan is ready to supply 30 billion cubic meters of gas to Europe, however, there are a number of unsolved questions. It is unclear who will build the gas pipeline. The sources of funding, etc. are also unknown."
Turkmenistan intends to increase gas production
Turkmenistan intends to increase gas production to 83.8 billion cubic meters and to export 48 billion cubic meters of this volume in 2015, the message from Turkmen Ministry of Oil and Gas Industry and Mineral Resources said.
The powerful resource base of Turkmenistan's fuel and energy complex allows to sign long-term contracts for stable supply of energy resources, the message said.
LUKOIL begins trial operation of facilities in southern Uzbekistan
Russia's Lukoil started trial operation of two rigs of preliminary gas preparation in the North Shady area and the Kuvachi-Alat field in Bukhara region (south of Uzbekistan) jointly with the National Holding Company Uzbekneftegaz within the framework of Early Kandym gas project, which is being implemented in Uzbekistan, said the message of LUKOIL.
Rigs with a total capacity of 2.2 billion cubic meters of gas a year will receive natural gas from 34 wells and after preparation will deliver raw materials to the Mubarek Gas Processing Plant. Commissioning of new facilities will allow LUKOIL to significantly increase the volume of gas produced in Uzbekistan, said the message.