Turkmenistan gas could be available for import by EU within four years – Sevkovic

EU Vice President Maros Sevkovic

Turkmenistan gas: The construction of a pipeline across the bed of the Caspian  Sea to  Iran means that gas from Turkmenistan could be available for import to Western Europe as early 2019, the the Vice-Chairman of the EU’s Energy  Commission for Energy Maros Sevkovic said yesterday, after a meeting with  Turkmen President Gurbanguly Berdimuhamedov in Ashgabat.
The  pipeline could cost upwards of $5bn and would funnel gas under the Caspian Sea from Turkmenistan to Azerbaijan before connecting with the existing South Caucasus pipeline and the planned Trans-Anatolian pipeline (TANAP) through Turkey.
It  would  carry as much as  30bn m³ a  year and would help the EU with its ambition to dilute its dependence on Russia as a supply of energy,  but the idea is almost certain to encounter opposition from other countries with a stake in the Caspian Sea. Iran  believes it to be uneconomic and would prefer an overground  link for  its gas supplies to  TANAP, and this week approached the government in Sofia about the possibility of resurrecting the Nabucco project.
In current circumstances, Russia  is  also unlikely  to  give its blessing to a pipeline that could further undermine its bargaining position with the EU.

Source: Rosbalt