Arzuw NEWS - Turkmenistan news

Turkmenistan is ready to supply its gas to Europe

Turkmenistan is ready to supply its gas to Europe

Turkmenistan has the opportunity to supply its gas to Europe. This prospect was voiced by Atamyrat Chariyev, deputy head of Turkmengaz State Concern, during the eighth ministerial meeting of the Southern Gas Corridor (SGC) Consultative Council in Baku.

The event was divided into two sessions. One of them was devoted to the prospects of expansion of the SSC towards the Western Balkans and a number of other new energy markets. The second was about the energy transformation from fossil energy and the reduction of methane emissions to carbon neutrality.

Atamyrat Chariev, deputy head of Turkmengaz State Concern, who was present at the meeting, made a statement that Ashgabat has all technical capabilities and resources to organize export supplies of "blue fuel" to the West, which will meet the needs of the Eastern European market. He expressed his conviction that the Trans-Caspian gas pipeline will become a key infrastructure project, which will make a major contribution to the energy security of Europe.

In his speech, Fatih Donmez, head of the Turkish Ministry of Energy and Natural Resources, identified the implementation of the Southern Gas Corridor and gas transportation to European states as one of the fundamental steps. He stressed that in order to increase the volume of gas supplies via this corridor, both additional resources and the countries that have such resources are needed. Therefore, the Turkish side is ready to further develop interaction with the Turkmen and Azerbaijani sides for the benefit of the whole region.

Turkmenistan is ready to supply its gas to Europe
Photo: azertag.az

Participants in the ministerial meeting included European Commissioner for Energy Kadri Simson, European Commissioner for Enlargement and Neighborhood Policy Oliver Varheiji, as well as high-ranking British, American, Turkish, Georgian, Italian, Greek, Ukrainian, Albanian, Croatian, Serbian, Northern Macedonian, Bosnian, Hungarian, Romanian, Montenegrin and Moldovan officials.

Since January 1 of this year the practical implementation of the agreements concluded between the Turkmen, Iranian and Azerbaijani sides on swap supplies of natural gas produced in the fields of Turkmenistan started. The agreements say the annual volume of gas supplies will make up 2 billion cubic meters. Turkmen "blue fuel" will be transported through Iran to Azerbaijan.

On January 21, 2021 the Turkmen and Azerbaijani governments signed a Memorandum of Understanding, under which the parties agreed to mutually explore, develop and exploit hydrocarbon deposits in the Dostluk field in the Caspian Sea. Experts estimate the reserves of this field at 60 million tons of oil and 100 billion cubic meters of gas.

Deliveries of hydrocarbon reserves produced at Dostluk and exported to international markets will be made on competitive terms, using the existing Azerbaijani transport and transit systems.

Sources: azertag.az and trend.az

Photo: azertag.az

Add a comment.

ru_RURU