With the world’s fourth largest gas reserves, Turkmenistan has enough to keep everybody happy. But for the remote Central Asia country and its suitors, taking the potential and turning it into a prize has proven persistently difficult.
Last week, the European Union’s energy boss, Maros Sefcovic, was in Ashgabat speaking positively – some might even say delusionally – about a $5-billion-plus trans-Caspian pipeline that would pump up to 30 billion cubic meters of Turkmen gas underneath the world’s largest inland sea and onto markets in Europe. The link, Sefcovic said, in comments reported by AFP and Reuters, could be ready to pump by 2019.
But it was another proposal he made – about a pipeline across Iran – that has intrigued analysts.
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