Arzuw NEWS - Turkmenistan news

Turkmenistan and Romania could become a significant part of the Southern Gas Corridor

Turkmenistan and Romania can become a significant component of the "Southern Gas Corridor" project, which plays an important role in the energy diversification of the European Union. This was announced by the Romanian Ministry of Energy.

The statement also notes that Turkmenistan has large-scale deposits of natural gas, second only to Russia, Iran and Qatar. That is why the state has all chances to become a significant part of the Southern Gas Corridor. Despite the fact that at the moment this project is dominated by Azerbaijani gas, in the future it will most likely be Turkmen gas to liquefied gas terminals located in Greece and other countries of the Eurozone.

Speaking about the fifth ministerial meeting of the Southern Gas Corridor Advisory Council, held in the capital of Azerbaijan in February, the Romanian Energy Ministry also said that Turkmenistan's participation in it proves the country's interest in the project. The Romanian side is no less interested in the project as well.

Romania has supported the Southern Gas Corridor project since its inception. It is in the country's interest to become part of this gas transmission infrastructure in the future, gaining access to the volumes of gas supplied through it. This also applies to Turkmen gas.

The Trans-Caspian gas pipeline project has acquired strategic status since it was included in the latest list of projects of common interest to the European Commission.

Being a member of the European Union and participating in strategic energy projects important for the region, as well as having a convenient geographical location, Romania can facilitate the access of Turkmenistan's energy resources to European markets. Representatives of the Romanian Ministry of Energy expressed readiness to cooperate with Turkmenistan in this area. In particular, this is evidenced by the official visit of representatives of Romanian energy companies to Turkmenistan in June 2019.


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