November 2012, Vol. 239 No. 11


Turkey Reverses On Trans-Caspian Gas Line

Turkey is revisiting the trans-Caspian gas pipeline project after a decade-long hiatus by aligning with the European Union, Azerbaijan and Turkmenistan to back transportation of Turkmenistan gas to Turkey and onward to Europe. Ten years ago, Turkey failed to capitalize on the first trans-Caspian pipeline project but the EU is reactivating the framework of the Southern Gas Corridor to Europe, along with the Azerbaijan-led Trans-Anatolia Pipeline project (TANAP) in Turkey. Ankara now sees great opportunities in the large-capacity pipeline. At recent meetings Turkey confirmed it intends to import and transport Turkmenistan’s gas through the proposed trans-Caspian and TANAP p

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