Bringing Caspian, and Turkmen, gas to Europe would become reality — EC vice-president


ASHGABAT (TCA) — In his video-call greeting the participants of the International Energy Charter Forum “Towards a Multilateral Framework Agreement on Transit of Energy Resources” held in Turkmenistan’s capital Ashgabat on May 30-31, Vice-President of the European Commission Maros Sefcovic expressed firm confidence that Caspian and Central Asian Region and the European Union would shortly develop beneficial cooperation in different spheres including the energy, and that the negotiations and continuous efforts in provision of Turkmen gas supplies to European markets indicate strong partnership and cooperation, Turkmen state media reported.

The Vice-President of the European Commission congratulated Turkmenistan on the completion of its pipeline East–West and the works on TAPI gas pipeline. The experience gained by the sides in such large projects can be used in diversification of supplies and routes to the European Union, in particular to the South Gas Corridor and its possible expansion to Central Asia via Trans Caspian pipeline.

Bringing Caspian gas to European markets becomes the reality, which is proven by the recent meeting of the Consulting Board that was held in Baku in February this year, Sefcovic said.

Turkmenistan chairs the Energy Charter Conference in 2017.

The Energy Charter has a leading role to play in shaping the effective and balanced model of cooperation in the global energy space. Reliability and security of international energy flows and legal protection of energy supply routes are of increasingly crucial importance.

For Turkmenistan, a gas supplier that holds the key position on the Central Asian crossroads of trade and transport routes and a country that has initiated several major international and regional energy projects, energy security and stable transit of energy resources are strategic issues.

Sergey Kwan