ECONOMY


Maros Sefcovic: “Between 2019 and 2020 all these pipelines from Azerbaijan to the borders of Europe must be built”

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Baku, May 4, AZERTAC

“Between 2019 and 2020 all these pipelines from Azerbaijan to the borders of Europe - in the direction of Greece, Albania and Italy must be built,” European Commission Vice President Maros Sefcovic told Reuters.

Sefcovic noted that “for Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its imports. Europe expects supplies of Turkmen gas to begin by 2019”.

Visiting Ashgabat on Friday, he met the Turkish Energy Minister, Azerbaijan's Energy Minister, Turkmen Deputy Prime Minister, and head of Turkmenistan's hydrocarbon resources agency.

“In this format we discussed all aspects referring to the trans-Caspian pipeline,” Sefcovic said. “We made a big step in the strategic direction.”

"Now there is a political decision that Turkmenistan will become part of this project and will feed the European direction," Sefcovic said.

“A working group will be established in one month to further work on the trans-Caspian Project. The group will include deputy energy ministers and foreign ministry experts,” he added.

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