Download: Energy Security Program Policy Paper No. 1, March 2020 (15 pages, 377KB)
The Trans-Caspian Pipeline (TCP) project from Turkmenistan to Azerbaijan is a geopolitical and strategic pipeline for Europe. It will bring large quantities of natural gas from Central Asia to southern Europe and, via the White Stream pipeline under the Black Sea, also to Central and Eastern Europe. The Baku–Tbilisi–Ceyhan (BTC) oil export pipeline 20 years ago established and reinforced the independence of the participating countries, Azerbaijan and Georgia. It also happened to be commercially very advantageous. Like it, the TCGP is a unique opportunity to ensure Europe’s economic benefit and political influence in the region. Also like the BTC, it is a
demonstration project that will open the broader region to greater international investment. Gas from Turkmenistan costs much less than gas from Siberia. Implementation of Turkmen gas exports to the EU in sizeable quantities will serve the geopolitical purpose of cementing Central Asia’s relations with Europe, promoting integration and stability.