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    World Bulletin: Turkmen gas a potential alternative for Europe

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Summary

EU's alternative gas source is Turkmenistan, which has the fourth largest gas reserves in the world estimated at 32 trillion cubic meters

by: Sruthi

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Press Notes

World Bulletin: Turkmen gas a potential alternative for Europe

As the Ukraine crisis deepens tensions between Europe and Russia, Europe is looking for alternatives to Russia for its natural gas supply. One particular alternative is Turkmenistan, which has the fourth largest gas reserves in the world estimated at 32 trillion cubic meters.

Already producing around 80 billion cubic meters of gas per year of export for Chinese, Russian, Iranian and central Asian markets, the a planned pipeline from Turkmenistan across the Caspian Sea to Azerbaijan and Turkey will open the way for gas to be transported to the European market.

However, problems are likely to be encountered, as Russia and Iran are strategically opposed to Turkmenistan pumping gas to Europe, the head of the Azerbaijan Diplomatic Academy Energy Research Center Dr. Elnur Soltanov was quoted saying in the Daily Sabah.
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