Turkey, Turkmenistan and Azerbaijan are going to "develop a set of formulas for the long-term supplies of Turkmen gas across the Caspian Sea to Azerbaijan and further abroad" to foreign markets. According to ITAR-TASS, this was reported by Minister of Energy and Natural Resources of Turkey Taner Yildyz after the meeting with his counterparts Natig Aliyev from Azerbaijan and Bayramgeldy Nedirov from Turkmenistan. The talks took place within the framework of the Tenth Summit of Heads of Turkic-speaking states in Istanbul.
According to Yildyz Taner, Turkey is going to purchase natural gas extracted by Malaysian oil company Petronas from Turkmenistan's shelf of the Caspian Sea. A request to this effect has already been sent to the appropriate ministry of Turkmenistan, he said.
"For various reasons, the project of the Trans-Caspian gas pipeline has not been implemented yet. For this reason, the project on energy supplies from east to west has not been launched in full. On the other hand, we are confident that in the coming months we will sign an agreement to support new regional projects such as "Nabucco", the agency quotes the Turkish minister. The minister said that the work is under way to prepare a number of projects for those areas of the Caspian region "where there is no territorial dispute between states."