Turkey participates in GUAM energy project

Nov 09, 2005 01:00 AM

The Transcaucasian Economic Grouping of countries (Georgia, Ukraine, Azerbaijan and Moldova), put forth an initiative for the execution of a joint project to strengthen the region’s energy security, in which Turkey has been asked to participate.
The project, called “Transdanubian Energy Bridge,” was introduced by the Head of the Ukrainian National Security and Defence Council, Anatoly Kinakh, during the joint sitting of the security heads of GUAM held in Kiev.

The draft project prepared by relevant Ukrainian institutions, is one among the prominent global projects and entails the security of the entire European continent on creating appropriate conditions for energy security, among which falls also the transportation of Caspian oil through the European transport corridors.
Transdanubian countries (such as Romania, Bulgaria, Greece and Turkey), that have common energy interests in the region are expected to contribute, as is the Black Sea Development Bank.