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May 2, 2015

Exclusive: European Union sees supplies of natural gas from Turkmenistan by 2019

ASHGABAT (Reuters) – The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview.

Russia currently supplies around a third of Europe’s gas needs, but Moscow’s annexation of Crimea and its involvement in the military conflict in eastern Ukraine has added urgency to the EU’s search for gas from alternative sources.

May 2, 2015

European Union sees supplies of natural gas from Turkmenistan by 2019

ASHGABAT, May 2 (Reuters) – The European Union, keen to
lessen its dependence on Russia for energy supplies, expects to
start receiving natural gas from Turkmenistan by 2019, European
Commission Vice President Maros Sefcovic said in an interview.

Russia currently supplies around a third of Europe’s gas
needs, but Moscow’s annexation of Crimea and its involvement in
the military conflict in eastern Ukraine has added urgency to
the EU’s search for gas from alternative sources.

Mar 25, 2015

EU wants to revive gas pipeline project from Turkmenistan

ASHGABAT, March 25 (Reuters) – The European Union is seeking
to revive a gas pipeline project from Turkmenistan to Europe and
involve European energy companies, an EU diplomat in
Turkmenistan said.

The Crimea crisis has added urgency to the EU’s search for
gas from sources other than Russia, which supplies around a
third of Europe’s gas needs.

Dec 3, 2014

Landlocked Central Asia gets shorter railway link to Persian Gulf

AK YAYLA, Turkmenistan, Dec 3 (Reuters) – Turkmenistan,
Kazakhstan and Iran on Wednesday inaugurated a new railway route
that will improve resource-rich Central Asia’s access to markets
in the Middle East and South Asia.

The 925-km (578-mile) stretch of railway, built jointly by
the three Caspian neighbours, will ease the exchange of goods
between the landlocked post-Soviet region and the countries
lying along the Indian Ocean and the Persian Gulf.

Nov 7, 2014

Turkmenistan inks deal with Turkey to supply gas to TANAP pipeline

ASHGABAT, Nov 7 (Reuters) – Turkmenistan has signed an
outline deal with Turkey to supply gas to a new pipeline that
could help Europe reduce its dependence on Russian gas imports.

The two countries struck a so-called framework agreement on
Friday for Turkmenistan, which is keen to diversify exports of
its gas to world markets, to supply gas to the proposed
Trans-Anatolian natural gas pipeline project (TANAP).

Aug 26, 2014

Turkey, Japan sign $1.7 bln gas-to-liquids project with Turkmenistan

OWADAN-DEPE, Turkmenistan, Aug 26 (Reuters) – Turkmenistan,
holder of the world’s fourth-largest natural gas reserves,
signed a $1.7 billion deal with a Turkish-Japanese consortium on
Tuesday to build a gas-to-liquids plant as part of its strategy
to maximise revenues from its gas riches.

The signing ceremony was overseen by autocratic Turkmen
President Kurbanguly Berdymukhamedov, who enjoys sweeping powers
in his Central Asian nation of 5.5 million people.

Aug 18, 2014

Japan, Turkey start building $1.3 bln Turkmen fertiliser plant

GARABOGAZ, Turkmenistan, Aug 18 (Reuters) – Japan’s
Mitsubishi Corp. and Turkey’s Gap Insaat on Monday laid
the foundation of a $1.3 billion plant to produce carbamide in
Turkmenistan, which plans to gain added value by using its
natural gas to produce the fertiliser for export.

Turkmenistan holds the world’s fourth-largest reserves of
natural gas. Its economy has grown by more than 10 percent a
year in recent years, owing largely to rising gas exports to
China via a pipeline built in late 2009.

May 7, 2014

Desert ceremony celebrates Turkmenistan-China gas axis

BAGTYARLYK FIELD, Turkmenistan, May 7 (Reuters) – China
cemented its position as the top importer of Turkmen gas, ahead
of Russia, at a ceremony on Wednesday to open a new plant at a
major field, attended by the Turkmen president seated on a
lavishly gilt throne.

The desert nation sits on the world’s fourth-largest
reserves of natural gas and rising exports to China have powered
its economic growth to annual rates of over 10 percent. The
newly opened processing plant at the Bagtyarlyk field feeds a
major pipeline to China.

Jan 11, 2014

Turkmen leader sacks state gas head over lack of diversification

ASHGABAT, Jan 11 (Reuters) – Turkmen President Kurbanguly
Berdymukhamedov has fired the head of state gas company
Turkmengaz for doing too little to diversify the vital gas
industry that underpins the Central Asian state’s economy.

Turkmenistan, a mainly Muslim nation of 5.5 million with the
world’s fourth-largest natural gas reserves, has been ramping up
gas exports to China via a pipeline built in 2009, while exports
to Russia have dwindled in the last few years.

Jan 11, 2014

Turkmen leader sacks state gas head over lack of diversification

ASHGABAT, Jan 11 (Reuters) – Turkmen President Kurbanguly
Berdymukhamedov has fired the head of state gas company
Turkmengaz for doing too little to diversify the vital gas
industry that underpins the Central Asian state’s economy.

Turkmenistan, a mainly Muslim nation of 5.5 million with the
world’s fourth-largest natural gas reserves, has been ramping up
gas exports to China via a pipeline built in 2009, while exports
to Russia have dwindled in the last few years.