“Any progress on Turkish Stream would modify the structure of the demand for Caspian gas, making the Trans-Caspian pipeline even more irrelevant,” Anceschi told Trend.
Russian Gazprom started construction of the offshore section of the Turkish Stream pipeline in early May.
According to Anceschi, one would have expected that, given the current crisis, Ashgabat would consider changing its energy policy, moving towards smaller [with a capacity of 7-8 billion cubic meters] transit projects, in a scenario that would be ideal to enhance Trans-Caspian cooperation.
“This scenario is however yet to crystallize,” the expert said.
Trans-Caspian gas pipeline is optimal for the delivery of Turkmen energy resources to the European market. The project may be implemented as a part of huge Southern Gas Corridor project designed to transport gas from the Caspian region to European countries.
The negotiations on the Trans-Caspian gas pipeline among the EU, Azerbaijan and Turkmenistan began in September 2011.
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