The possibility of accession of Turkmenistan to the project “southern gas corridor” (SGC) is assessed as “quite real”. This was stated by Minister of energy of Azerbaijan Parviz Shahbazov, Trend Agency reports.
According to him, the negotiations on the supply of Turkmen gas to Europe for SGC have been going on for a long time, in connection with which there are special formats.
“One of them is the negotiations conducted by the European Union with Turkey, Azerbaijan and Turkmenistan. … I believe that Turkmenistan’s opportunities to join the “southern gas corridor” are quite real,” Prime Minister quotes.
Shahbazov believes that the construction of SGC is going well ahead of schedule, and the project is already entering its final phase.
“Recently, Turkmenistan’s interest in this project has increased. An indicator of this interest can be considered a part in the recently held in Baku, the fourth meeting of Ministers within the Advisory Council, SGC adviser of the President of Turkmenistan Yagshigeldy Kakaev. This interest in the project was clearly visible from his speech at the meeting”, – said the head of the Ministry of energy.
He added that Azerbaijan and Turkmenistan are successfully cooperating in the energy sector.
For example, Turkmen oil is transported to Europe via Baku – Tbilisi – Djeihan main export pipeline. We have a number of interesting projects,” Shahbazov emphasized.
SGC with a length of 3.5 thousand km will supply Europe with gas produced on the shelf of the Caspian sea. Parts of the SGC are the South – Caucasus pipeline, TANAP (TRANS Anatolian pipeline) and TAP (TRANS Adriatic pipeline). Resource base at the initial stage deals with the Shah Deniz field in the Caspian sea with reserves of 1.2 trillion cubic meters of In later the European Union plans to use gas from other sources, primarily from Turkmenistan. Construction of the TRANS-Caspian gas pipeline (at the bottom of the Caspian sea) with its accession to the YUGK is considered as one of the options. At the end of last year, the value of SGC was estimated at $ 41.5 billion.
At a meeting held on February 15 of the fourth meeting of Ministers within the Advisory Council on the draft SGC Vice-Chairman of the European Commission (EC), the European Commissioner for energy Union Marosh Shefcovich said that the EC continues to explore the possibility of Turkmen gas supplies to Europe.