Turkmen Gas Pipeline to Turkey: Impact on Global Energy Markets
The recent agreement to supply Turkmen natural gas to Turkey is set to have far-reaching implications for both countries and the global energy market. In a statement to Türkiye today, Dr. Hikmet Eren, Chairman of the Board of Trustees of the EkoAvrasya Foundation, highlighted the significance of this development.
Eren emphasized that the transportation of Turkmen gas to Turkey represents a major milestone for the Turkic world, not only enhancing economic cooperation but also bolstering regional energy security. He described the move as a crucial step towards fortifying the economic and energy security of the Turkic world through a strategic partnership.
Beyond the economic benefits, Eren pointed out that this collaboration could potentially shift the balance of power in the region. By integrating Turkmenistan’s extensive natural gas reserves into Turkey’s energy network, the strategic economic foundation of the Turkic world is strengthened.
Turkish Vice President Cevdet Yılmaz also stressed the importance of this agreement, indicating that the initial stage will involve the supply of 1.3 billion cubic meters of natural gas through the SWAP method. Yılmaz expressed confidence that this is just the beginning, with plans to expand the supply to reach European and global markets through Turkey.
Eren highlighted the broader implications of this energy cooperation, noting that it will not only impact the economy but also geopolitics. He underscored the transformative power of energy in driving economic growth and emphasized that the supply of Turkmen gas to Turkey will enhance the economic integration of the Turkic world and influence global energy markets.
In conclusion, Eren reiterated that the Turkmen gas agreement signifies a significant step towards strengthening economic ties within the Turkic world and reshaping the energy landscape on a global scale.
ORIENT news
Photo: ria.ru
