NOV. 7 2014 (The Conway Bulletin) – Turkmenistan signed a deal with Turkey to provide gas for a new pipeline running from the Caspian Sea to Europe.
The deal means that Europe will take delivery of Turkmen gas directly, part of a major proposed new gas route that will avoid using Russian infrastructure.
Turkish president Tayyip Erdogan singed the deal with his Turkmen counterpart Kurbanguly Berdymukhamedov during a visit to Ashgabat.
“We attach great significance to deliveries of Turkmenistan’s natural gas to Europe via Turkey,” media quoted him as saying.
“Europe’s energy security is important for us.”
Over the past few years, Turkmenistan has boosted its exports of gas dramatically. China is its main client but it has also sorted out alternatives. Joining the so-called TANAP pipeline is a major boon for Mr Berdymukhamedov as well as for Europe.
The TANAP programme will pump gas from Azerbaijan’s Shah Deniz 2, which is under construction, to Central Europe by 2019 although it was always envisaged that other countries would also use the pipeline.
Turkmenistan has previously expressed some interest in sending its gas to Europe but had not unveiled any specific plans. Now that a deal with Turkey has been struck, it seems that Turkmenistan is committed to sending its gas to Europe.
Importantly, though, neither Mr Erdogan nor Mr Berdymukhamedov revealed any of the details of the deal.
ENDS
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(News report from Issue No. 208, published on Nov.12 2014)