Turkmenistan Oil and Gas, Turkish Stream

In autumn, Balkan states meet to agree on the continuation of Turkish Stream in Europe

The Ministers of Foreign Affairs of Hungary, Serbia, Macedonia and Greece may sign a memorandum on construction of a gas pipeline from Turkey to Austria in autumn, one of the project participants told the Vedomosti. The meeting is expected to be held in September, it is planned to make a decision on the preparation of a feasibility study, a representative of the Hungarian gas company FGSZ, which will be responsible for the pipe in the territory of Hungary, confirmed. The gas pipeline was named Tesla, the first meeting of the working group for the project was held on June 25th, a spokesman for the Ministry of Foreign Affairs of Hungary reported.
The project has been submitted to the European Network of Transmission System Operators for Gas (ENTSOG) to obtain the status of a project of public interest. A representative of ENTSOG confirmed this. However, the project hasn’t yet got the corresponding status, ENTSOG notes.

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Status of the Caspian Sea - a trump card of Moscow against Trans-Caspian pipeline.

Moscow continues to oppose the Trans-Caspian. At this time the Russian Foreign Ministry spokesman Aleksandr Lukashevich commented on the construction of the Trans-Caspian Gas Pipeline (THC), which would connect Azerbaijan and Turkmenistan, and then direct the gas flow on the Southern Corridor to the EU, bypassing Russia. According to him, Russia and Iran are now actively opposing this position, stating that the construction of such a pipeline under the Caspian Sea must enlist the support of all the countries of the Caspian region.

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The European Union accepts "gas rules" of Russia – expert.

The commercial launch of the Eastring pipeline at the end of 2018 is similar to raising the "white flag" by the European Union. Thus the EU has to respond to an ultimatum from Russia, which has demanded to take Russian gas at the border of Greece, the expert of Novosti-Azerbaijan Fuad Alizadeh informs.
The Memorandum of Understanding between the parties of the Eastring gas pipeline project, which could stretch from the Slovak-Ukrainian border through Hungary, Romania and Bulgaria to Turkey's border with Bulgaria and Greece, would probably be signed in Riga on May 21-22 on the sidelines of the summit of the Eastern Partnership, a diplomatic source in Brussels told RIA Novosti.

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Turkmenistan: to Europe without Gazprom

At the end of 2015, the construction of the East-West gas pipeline will be completed in Turkmenistan, it will connect one of the largest gas fields in the world and the Caspian coast. This will allow Ashgabat to create a unified gas transportation system for the country and will facilitate access to new foreign markets. This greatly increases the chances for the Southern Gas Corridor project, declared by the European Union one of its priorities in the gas sector. Due to this, Turkmenistan can obtain the status of a strategic gas player and Russian Gazprom will have to reckon with it.
A gesture to an unstable partner
At the meeting of the Turkmen Government, which took place on February 13,th the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Baymyrat Hojamuhammedov reported to President Gurbanguly Berdimuhamedov on the construction of the East - West gas pipeline. The gas pipeline, which is being constructed, originates from the South Yoloten field, located in the southeast of Turkmenistan, passes through the Mary, Akhal and Balkan regions and ends in the Belek village on the coast of the Caspian Sea. In 2011, South Iolotan was included - among others the largest fields - in the Galkinish field, which has reserves of more than 26 trillion cubic meters. The total length of the gas pipeline with the throughput capacity of 30 billion cubic meters per year will make up 773 km. To date, 574 km of the gas pipeline has been constructed. As it was noted at the meeting of the Turkmen Government, the construction of the gas pipeline will be completed in December of the current year.

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The EU leadership to have to admit defeat in the “game of gas” with Russia

The EU leadership will have to admit defeat in the "game of gas" with Russia and spend significant funds for the construction of new pipelines, the analyst of News - Azerbaijan, Fuad Alizadeh notes.
The Bulgarian President, Rosen Plevneliev reported that before the end of 2016 as a part of the diversification of gas supply, it was planned to build a pipeline to Greece, which would be created on account of funds, regularly allocated to the country from the European funds. "We don’t want to receive any additional funds," - said Plevneliev.
On December 9th, 2015, the Greek Energy Minister Yiannis Maniatis, his Romanian counterpart Razvan Nicolescu and the Deputy Energy Minister of Bulgaria Anton Pavlov signed a joint statement on a "vertical corridor", connecting their countries.

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