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The EU will conclude with Baku and Ashgabat agreement on gas pipeline

June 26 2012 at 6:09 AM
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WAFFer  (Login Azeri440)

The EU expects to conclude with Azerbaijan and Turkmenistan, the agreement on the legal basis of the Trans-Caspian gas pipeline.

As reports AZE.az, information can be found in the materials on the basis of the discussion the foreign ministers of 27 EU countries at a meeting on Monday in Luxembourg. "The EU intends to conclude with Azerbaijan and Turkmenistan, an agreement on the legal basis of the Trans-Caspian gas pipeline, which will make a significant contribution to the discovery European Southern Gas Corridor (which is planned to deliver natural gas from the Caspian region to Europe), "- said in a press release from the discussion. Trans-Caspian pipeline that would connect Turkmenistan and Azerbaijan, is one of the weakest links in the Nabucco project because unresolved questions concerning the legal status of the Caspian Sea. The project is the Nabucco gas pipeline will transport natural gas from the Caspian region to Europe bypassing Russia through Azerbaijan, Georgia, Turkey, Bulgaria, Romania, Hungary and Austria. backbone length of 3.3 thousand kilometers of a continuation of already constructed Baku-Tbilisi-Erzurum gas pipeline and is designed the annual transportation of 30 billion cubic meters of gas. The project is estimated to be approximately 7.9 billion euros. Russia and Iran believe that the issues of pipelines under the Caspian Sea should be resolved by agreement of all littoral states. Azerbaijan, Kazakhstan and Turkmenistan are based on the fact that this issue can be solved by the two contracting parties and not by all five littoral states, RIA Novosti reported. As reported previously Assistant to the President of the Russian Federation, Yuri Ushakov, Putin said at the Russia-EU summit in early June, that Moscow would not be considered legitimate without a consensus decision taken on the Caspian Sea.



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