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    Public Service Europe: Turkmenistan holds key to EU's grand energy plan

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Summary

The current situation in Turkmenistan seems to point to a pipeline bound to Russian rather than a Europe-bound Trans-Caspian route presenting a road block to Europe's energy security.

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Press Notes

Public Service Europe: Turkmenistan holds key to EU's grand energy plan

Brussels' grand plan to reduce Europe's over-reliance on Russian gas faces a serious setback if Turkmenistan refuses to channel its huge resources through the Caspian Sea, Francesco Guarascio reports from Baku

Turkmenistan is considered one of the most reclusive countries in the world, but it also happens to control the third biggest natural gas deposits to have been discovered. The Iolotan gas field, in the eastern part of the country near the border with Afghanistan, is estimated to have reserves of up to 21 trillion cubic metres. This staggering amount is sufficient to fulfill the requirements of both Europe and Asia for several decades.  MORE