ASSESSMENTS

Turkmenistan: Natural Gas and the European Union

Apr 16, 2008 | 22:10 GMT

VLADIMIR RODIONOV/AFP/Getty Images

Summary

Turkmenistan has made its first concrete offer to the European Union to export natural gas to Europe, STRATFOR sources confirmed April 9. If Turkmenistan is serious, the deal will be hugely beneficial for Europe. But it will require Turkmenistan to leave at least one of its three natural gas customers in the lurch.

Turkmen and EU officials agreed April 9 to have 10 billion cubic meters of natural gas available for export to Europe by 2009....

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