EU Ambassador: Turkmenistan can supply natural gas to Europe until 2050

16:44 03.12.2021 8209

https://www.oilgas.gov.tm/storage/posts/3471/original-161a9f600a379c.jpeg

 Turkmenistan has the opportunity to start supplying natural gas to the European market until 2050. This was stated by the Ambassador of the European Union to Turkmenistan Diego Ruiz Alonso in an interview with the Turkmen news agency ORIENT.

 In his opinion, during this period, Europe, which has embarked on a «green economy», will still be forced to use traditional hydrocarbon fuels.

 - Today the EU has a new energy policy, which aims to reduce or completely eliminate carbon dioxide emissions by 2050.  This is a common goal.  But at present we are in the process of transition to safe energy, - the Ambassador said.

 He also added that relying on new, renewable energy sources: wind, solar, hydropower, etc., in the foreseeable future, the EU cannot abandon its traditional carriers – gas and oil.

 At the same time, the EU ambassador called the Trans-Caspian connector project a more realistic and practical option for the delivery of Turkmen gas to the European market.  This project was presented at the international forum «Oil and Gas of Turkmenistan-2021» in October 2021 by former US Ambassador to Turkmenistan Alan Mustard.  According to him, the Trans-Caspian connector project can start deliveries of up to 12 billion cubic meters of gas to Azerbaijan and from there to Europe in two years from the start of construction.

 Alonso noted that the previous project to transport Turkmen gas to Europe through the Caspian Sea – the Trans-Caspian gas pipeline – provides for large investments and large volumes of work, which is not entirely justified in the current situation.

 - Today the situation has changed.  The future of Europe and the energy market is CO2-free production from coal, oil and natural gas.  And today, huge investments in long-term gigantic projects are no longer justified, - Alonso says

 - The calculation is carried out for the next 20-25 years.  Therefore, the Trans-Caspian connector project is less ambitious and less ambitious, but at the same time it is the most realistic and practical.  Such projects can be implemented in a short time.  Therefore, they are the most viable,  the EU ambassador said.

 “I believe that during this transitional period, Turkmenistan can supply natural gas to the European market,” the diplomat added.

 He also noted that the EU is working with the government of Turkmenistan to ensure that the supplied natural gas is cleaner, because this will become one of the main requirements of the energy market of tomorrow.

 “How countries produce natural gas or oil will affect the price that consumers are willing to pay,” the ambassador said.

Other articles
1620b4850f0540.jpeg
Products of TCOR and SC «Turkmengas» are in the top of exchange trading

89 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.


166f2b187bec3a.jpg
Chairman of the Halk Maslahaty of Turkmenistan outlined the main features of the country's economic development

Speaking at a meeting of the Halk Maslahaty of Turkmenistan, National Leader of the Turkmen people Gurbanguly Berdimuhamedov emphasized that the key factor in the sustainable advancement of any country is economic growth, TDH reports.


164a6aa4963d61.jpg
Turkmenistan and the UK are ready to develop trade and economic cooperation in priority areas

Topical issues on the bilateral agenda were discussed at the talks between the Foreign Minister of Turkmenistan Rashid Meredov and the Parliamentary Deputy Secretary of State of the British Foreign, Commonwealth and Development Department, Minister Leo Doherty, who arrived in Ashgabat on a working visit. This was reported on the website of the Foreign Ministry of Turkmenistan.


1620b48bcc7c95.jpeg
The Democratic Party of Turkmenistan nominated Serdar Berdimuhamedov as a candidate for the post of President of the country

Vice-Chairman Serdar Berdimuhamedov has become the first candidate for the post of head of state in the upcoming early presidential elections in Turkmenistan. His candidacy was nominated and unanimously supported at the IX Extraordinary Congress of the country's Democratic Party, held on Monday.


164a66a736fd62.jpg
Potential of Turkmenistan in shaping the clean energy of the future presented in Brussels

At the conference “The Future of Clean Energy for Central Asia” held in Brussels on Tuesday, the rich potential of Turkmenistan in the formation of clean energy was presented. Ambassador of Turkmenistan to Belgium Sapar Palvanov spoke on this topic at the meeting.