TASS cited the expert's opinion on the fate of the Trans-Caspian gas pipeline project
The frozen project of construction of the Trans-Caspian gas pipeline from Turkmenistan to Azerbaijan with the subsequent transit of energy carriers further to Europe can be resumed. Zaur Imrani, head of the department of "Recreational Geography and Tourism" of the Institute of Geography of the National Academy of Sciences of Azerbaijan, said this in an interview with TASS on Wednesday.
Ashgabat and Baku have been considering the possibility of laying a gas pipeline from the Turkmen coast to Azerbaijan along the bottom of the Caspian Sea for a long time. The Convention on the Legal Status of the Caspian Sea stipulates that such projects should be agreed only between the countries through whose territorial waters the pipeline will pass. After the signing of the convention, a number of media outlets reported that the agreement gave the green light to the implementation of the project, which provides for the supply of Turkmen gas to the European market in the amount of 30 billion cubic meters annually for at least 30 years.
Meanwhile, in October last year, the American company Trans Caspian Resources (TCR) presented its project of the Trans-Caspian Connector – smaller in scale than the Trans-Caspian gas pipeline, but, in its opinion, a promising investment project. This is a medium-capacity line for the delivery of natural gas from Turkmenistan's offshore wells in the Caspian Sea to the existing infrastructure of Azerbaijan.
Such a project will require much less investment and time to create a connector that will be able to transport about 10-12 billion cubic meters of gas per year.
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