AzerNews: Where will Turkmen gas eventually go?

Turkmenistan, with its rich gas resources, presents itself as a very attractive source for two large proposed energy projects. One of them - the Trans-Caspian gas pipeline project within the Southern Gas Corridor, directed to the European markets, and another one - Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

Both are of great interest of Turkmenistan, because they will allow the country to diversify its gas export routes. At the same time the final consumer in both projects represents a market with large energy needs, which are expected to grow in the future.

Europe, which is highly dependent on one supply source, is keen for alternative gas, and Turkmenistan may perfectly meet that need. On the other hand, India, which currently imports one third of its energy needs, is expected to see a significant rise in energy demand and become one of the most import dependent nations in the world.

From the point of market attractiveness, both mentioned projects are very interesting for Turkmenistan, which also pursues a policy of diversification regarding its export routes. MORE