December 25, 2015

Turkmenistan launches new gas pipeline

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Friday 25 Dec 2015 - 13:55 Makkah mean time-14-3-1437

Ashgabat, Turkmenistan (IINA) - Turkmenistan has recently launched a new 773-kilometer natural gas pipeline at a cost of $2.5 billion, and it links gas fields in the east of the country to its Caspian Sea coast in order to boost the nation's energy export capacity, ABC News reported.
Turkmenistan's President Gurbanguly Berdymukhamedov said on Wednesday the new pipeline would create a powerful basis for exporting Turkmen gas and help develop energy cooperation with Russia and Kazakhstan.
The three countries have discussed a prospective gas pipeline that would lead north to Russia along the Caspian coast, and Berdymukhamedov said the future of the project depends on "political will" of their leaders.
In the future, the new Turkmen pipeline could also open the possibility of shipping Turkmen gas to Western markets via a prospective Trans-Caspian pipeline.
AG/IINA

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