Bank Of Baku

EU, Turkmenistan hold discussions on Trans-Caspian pipeline

EU, Turkmenistan hold discussions on Trans-Caspian pipeline
# 16 November 2011 08:55 (UTC +04:00)
EU official welcomed the efforts of Turkmenistan to diversify routes of transportation of the natural resources, APA reports referring to RIA-Novosty.

Pierre Morel told journalists that they focused attention on the Trans-Caspian project, which is planned to be realized between EU, Azerbaijan and Turkmenistan. “For the first time in its history, European Union prepared a mandate for the talks on elaboration of the agreement on energy cooperation between Turkmenistan, Azerbaijan and EU”.

EU official said the experts were holding regular meetings on the project. Turkmenistan and European Union signed a special memorandum on energy cooperation in 2008. It considers the transportation of Turkmenistan’s natural resources to Europe.
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