European Commission will negotiate agreement for legal framework with Azerbaijan and Turkmenistan for Trans-Caspian gas pipeline system. EU Council adopted of a mandate to authorize the European Commission to negotiate an agreement for the legal framework with Azerbaijan and Turkmenistan for a Trans-Caspian gas pipeline system, Communication on security of energy supply and international cooperation adopted today by European commission and presented by Energy Commissioner Gunther Oettinger.
The document sets out for the first time a comprehensive strategy for the EU’s external relations in energy. The strategy lists 43 concrete actions.
'The recent adoption by Council of a mandate to authorize the Commission to negotiate an agreement for the legal framework with Azerbaijan and Turkmenistan for a Trans-Caspian gas pipeline system offers an immediate example of the benefits of EU-level action for energy security'.
As part of the Southern Corridor, the proposed agreement on Trans-Caspian Gas.
Transmission and Infrastructure between the EU, Azerbaijan and Turkmenistan must pave a way for the construction of physical infrastructure for the supply of Turkmen natural gas across the Caspian Sea.
'The EU must demonstrate that it is prepared to engage with the Caspian and the Middle East regions on a long term basis, both politically and economically. It must also assist main supplier countries like Azerbaijan, Turkmenistan, Iraq and others, notably in the Central Asian region, in developing their energy sectors in an efficient and sustainable way and related trade and investment patterns with the EU', written in the strategy.