×
×
Project Insights

Turkmen gas exports to EU face setbacks

The prospect of gas from Turkmenistan reaching Europe still looks remote despite attempts by the EU and Bulgaria to facilitate imports The prospect of gas from Turkmenistan reaching Europe still looks remote despite attempts by the EU and Bulgaria to facilitate imports.
By Anna Gumbau 15 August 2019 Europe & Russia / Pipelines, Storage & Power 0 34490
Work on the TurkStream pipeline. (Gazprom)

The key issue: Gas flows from Turkmenistan to Europe were a hot topic at the first-ever Caspian Economic Forum as representatives of the EU and Bulgaria met Turkmen leaders to reach a deal on future imports.

Interfax analysis: Any hope of Turkmen gas reaching Europe through the Southern Gas Corridor in the next few years remains distant despite the EU’s attempts to revive the Trans-Caspian Pipeline (TCP). Instead, Bulgaria has begun to look at other ways of bringing gas from Turkmenistan to a Balkan gas distribution hub...