AZERBAIJAN AND TURKMENISTAN AGREEMENT ADVANCES CASPIAN GAS COOPERATION
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26.01.2021


Eurasianet (22 January 2021)

David O-Byrne

 

Azerbaijan and Turkmenistan have signed a landmark agreement to jointly develop a long-disputed Caspian gas field, a move that could pave the way for the transit of Turkmenistan's massive gas reserves to Europe.

On January 21, Azerbaijan President Ilham Aliyev and Turkmenistan President Gurbanguly Berdymukhamedov signed a memorandum of understanding, via videoconference, on joint exploration of the hydrocarbon field now known as "Dostluk" or "Dostlug" – “friendship” in their respective languages.

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