CCEE Policy Brief: Turkmenistan and the European energy dynamic:
"In the past month, the international spotlight has been on the 400 billion USD gas deal reached between Russia and China. In the context of broader geo-political and economic developments, though, this focus has neglected to properly account for the ambitious announcement made by the Turkmen President during his visit to China, Gurbanguly Berdimuhamedow stated that the country would boost its natural gas exports to China to 65 billion cubic meters per year by 2020.
During the past month, Turkmenistan has also been busy engaging in high-level consultations with Azerbaijan and Turkey. These talks have taken place at not only the bilateral and trilateral levels – among Turkish, Azerbaijani and Turkmen foreign ministers, but also multilaterally via the Cooperation Council of Turkic-speaking States.
In light of these important developments, this policy brief will explore the significance of Turkmenistan’s engagement with China and the likely impact of such an agreement on the Russia-China deal. The potential consequences of a Turkmen pivot to Asia in the context of the opportunities represented by the European gas market will also be evaluated."
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