ASHGABAT: In an effort to diversify its energy export routes, Turkmenistan has revived the long-discussed plan for the Trans-Caspian Gas Pipeline, envisioning a direct link between its vast gas fields and European markets.
The announcement came from Turkmen leader Serdar Berdymukhamedov during an energy forum held in the capital city, Ashgabat, on Wednesday.
Turkmenistan, possessing the world’s fourth-largest gas reserves, expressed renewed interest in launching ambitious projects, with the Trans-Caspian Gas Pipeline taking center stage. The proposal involves constructing a pipeline beneath the Caspian Sea, ultimately connecting to an existing terminal in Turkey. If realized, this project could significantly change the energy landscape, providing European countries with an alternative source of natural gas and reducing their dependence on Russian supplies.
Challenges to Trans-Caspian Gas Pipeline
The idea of a Trans-Caspian Gas Pipeline has lingered since the 1990s, yet logistical challenges, have hindered its development. However, Turkmenistan’s enthusiasm for the project underscores its commitment to exploring new avenues for gas exports, particularly as European nations seek alternatives amid geopolitical tensions and concerns over energy security.
Turkmen leader Serdar Berdymukhamedov emphasized the potential of the Trans-Caspian gas pipeline, describing it as a “promising megaproject” that could supply natural gas to European countries. The move aligns with Turkmenistan’s efforts to reduce its reliance on its primary gas buyer, by diversifying its customer base.
