EU and Turkmenistan are negotiating a framework agreement for the Turkmen gas supplies to Europe

EU and Turkmenistan are negotiating a framework agreement for the Turkmen gas supplies to Europe

The EU and Turkmenistan are negotiating a framework agreement for the Turkmen gas supplies to Europe. This was said by Charge d’Affaires of the EU Office in Turkmenistan Lubomir Frebort, the Russian Economic Agency PRIME reports.

As was highlighted by the EU representative in Ashgabat, the Declaration on Development of Energy Cooperation between Turkmenistan, Azerbaijan, Turkey and the EU, signed on May 1, 2015, is as the basis for cooperation in drafting a framework agreement for the future natural gas supplies from Turkmenistan to Europe.

He also identified development of the Turkmen gas pipeline infrastructure as a factor in the energy security of the European Union among the industries attractive for European investors.

According to Frebort, the EU remains one of Turkmenistan’s main trading partners. At the same time, he stressed that there is more space for increasing trade turnover, which amounted to about 700 million Euros in 2018 (according to EU statistics).

In the diplomat’s opinion, the decision of Brussels to strengthen its presence in the country up to a full representation in 2019 is an evidence of the dynamically developing partnership between the EU and Turkmenistan. “This marks the culmination of bilateral relations, demonstrating the EU’s interest in strengthening cooperation with Turkmenistan”, Freport said.

He emphasized that the modernization of bilateral relations will allow the parties to intensify a political, economic and sectoral dialogue, reflecting the EU’s commitment to cooperate with Turkmenistan in areas of strategic interest such as security, energy, transport, climate change, etc.

During the visit of EU High Representative for Foreign Affairs and Security Policy Federica Mogherini to Ashgabat earlier this month, an agreement was signed between the Government of Turkmenistan and the European Union, the European Atomic Energy Community for the establishment, privileges and immunities of the EU Office in Turkmenistan.

Nury AMANOV