Turkmenistani gas may bypass Russia

Apr 27, 2005 02:00 AM

Ukraine may initiate the construction of a gas pipeline to transport Turkmenistani gas to Europe bypassing Russia through the Caspian Sea, Azerbaijan and Georgia, Naftogaz Ukrayiny CEO Alexey Ivchenko has declared. Russia is considering this proposal and assessing its economic and political advisability, he added.
"However, their decision is not of fundamental importance to us," Ivchenko said.

He pointed out that a transnational consortium might be created to build a pipeline from Turkmenistan to Europe.

Source: Capital Link
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