Turkmen President Serdar Berdimuhamedow and EU Unique Representative for Central Asia Terhi Hakala have reviewed the enlargement of a “fruitful partnership.”


During the assembly with the going to EU agent, Berdimuhamedow expressed satisfaction with the wish of the sides “to keep on contributing to the strengthening and expansion of a fruitful partnership,” the state news company Turkmenistan Right now reported on May well 4.


The president noted that the enlargement of mutually useful cooperation with the European community remains just one of the critical parts of Turkmenistan’s overseas plan tactic aimed at broad international cooperation in the name of prevalent interests.


President Berdimuhamedow also expressed confidence that Hakala’s visit would further more strengthen the relations among Turkmenistan and the European Union and present a new stimulus for the development of a constructive dialogue.


The sides voiced their readiness to research for helpful varieties and new spots of partnership, as effectively as its intensification in the political, financial, humanitarian, and environmental spheres.


As relations with Russia worsen, European nations around the world are trying to change to the gas methods of Turkmenistan to make certain their energy stability. As a end result, both equally Ashgabat and the EU are keen on a gasoline offer – Turkmenistan would like to diversify its electrical power export, though the EU desires to diversify its power imports.


Russia currently supplies about a third part of Europe’s gasoline needs. Nonetheless, the annexation of Crimea and Russia’s military invasion of Ukraine provides an added impetus for the EU to research for gasoline from alternate resources.


The total natural fuel reserves in Turkmenistan are approximated at 50 trillion cubic meters. Possible route for Turkmenistan to ship its gasoline through Turkiye to Europe may perhaps go by Azerbaijan. To make this come about, Ashgabat demands to assemble a 300-km pipeline phase below the Caspian Sea to backlink to the Trans-Anatolian Purely natural Gas Pipeline (TANAP).


In November 2014, Turkmenistan signed a framework settlement with Turkiye to supply its fuel to the Trans-Anatolian gasoline pipeline (TANAP), which now gets gas from the Azerbaijani Shah Deniz industry in the Caspian Sea.


Turkmenistan has reportedly been in discussions with Azerbaijan, Turkiye, Ga, and the European Union relating to the possibility of making a gas pipeline with a capability of 10 to 30 billion cubic meters of gas for every year. The challenge formulated by Trans Caspian Methods company will make it achievable to organize the supply of Turkmen pure gas to Azerbaijan and further more to Turkey and other nations around the world, such as the now electricity-quick EU.


In 2021, Trans Caspian Assets introduced its undertaking of the Trans-Caspian Interconnector, a smaller sized gasoline pipeline (compared to the Trans-Caspian gasoline pipeline) from Turkmenistan to Azerbaijan. When completed, it will provide 10-12 billion cubic meters of organic gas for each 12 months.


According to preliminary estimates, the development of the Trans-Caspian Interconnector will take about 4 months and will involve $400 million in investments. The project will be implemented dependent on the infrastructure now out there in Turkmenistan and Azerbaijan’s segments in the Caspian Sea.