OCT. 2 2014 (The Conway Bulletin) – Turkmenistan’s president Kurgbanguly Berdymukhamedov ended a meeting of the leaders of the countries that border the Caspian Sea by saying that it was their right to build a pipeline across the inland water, media reported.
The meeting — which included the leaders of Russia, Turkmenistan, Kazakhstan, Iran and Azerbaijan — broke up without any major deals although they did agree not to allow NATO forces into the region.
Perhaps the most important single element of the meeting, though, were reports from Astrakhan, the venue in Russia for the meeting, that appeared to push the possibility of a sub-Caspian Sea gas pipeline nearer.
This has been touted before but has never been put into action. The cost has previously been considered too great but now, with demand for energy increasing from Europe, it may make business sense to build the pipeline.
There is also the extra added consideration that most of the infrastructure needed to pump the gas on from Azerbaijan to Europe has already been built or is scheduled to be built soon.
This week Azerbaijan’s president welcomed the deputy PM of Turkmenistan to Baku. Last week the head of Azerbaijan’s energy company SOCAR was in Ashgabat. There may be some reason behind all this activity. One to watch.
ENDS
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(News report from Issue No. 203, published on Oct. 8 2014)