Bank Of Baku

Trilateral meeting on Tran Caspian gas pipeline held among Azerbaijan, Turkmenistan and EU

Trilateral meeting on Tran Caspian gas pipeline held among Azerbaijan, Turkmenistan and EU
# 12 March 2012 10:43 (UTC +04:00)
Baku. Anakhanim Hidayatova – APA-Economics. A trilateral meeting on realization issues of Transcaspian gas pipeline was held in Brussels, Belgium.

According to TURKMENinform, Azerbaijani, Turkmen and EU representatives attended the meeting. Another similar meeting is planned for the next month.

If Trans Caspian gas pipeline is realized, it can be a part of Nabucco gas pipeline. Turkmenistan previously stated its readiness to supply Nabucco with 40 billion cubic meters of gas annually. Potential purchasers are OMV (Austria), MOL (Hungary), BOTAS (Turkey), Bulgargaz (BUlgaria), Transgaz (Romania) and RWE (Germany). The State Oil Company of Azerbaijan (SOCAR) stated that, Azerbaijan expressed its readiness to provide its own territory, transit opportunities and infrastructure for the project.
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