Middle East Economic Survey

VOL. LIV

No 41

10-Oct-2011

CASPIAN

Oettinger Makes First Move On Trans-Caspian Gas Pipeline

Following the European Councils authorization of the European Commission (EC) to negotiate on its behalf an intergovernmental agreement between Azerbaijan and Turkmenistan on the construction of a 30-40 bcm/year Trans-Caspian gas pipeline (MEES, 19 September), EU Energy Commissioner Gunter Oettinger has invited Kazakhstan to join the project as a major potential exporter....