EU starts trans-Caspian gas pipeline talks
The EU has started talks with Azerbaijan and Turkmenistan to build a Caspian subsea gas pipeline as it seeks to boost central Asian exports to Europe
The European Commission was today granted a mandate to negotiate a legally binding treaty between the EU member states, Azerbaijan and Turkmenistan to build the trans-Caspian pipeline. It is the first time the EU has proposed a treaty in support of an infrastructure project. Speaking with one voice "Europe is now speaking with one voice. The trans-Caspian pipeline is an important project in the Southern Corridor to bring new sources of gas to Europe. We aim to achieve this as soon as possible," said energy commissioner Günther Oettinger. The EU backs the 31 billion cubic metres a year (cm/y) Nabucco pipeline project, but it is also talking with Azerbaijan and Turkmenistan about potential sup
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