John Roberts and Julian Bowden
There is a conundrum at the heart of European-Caspian energy relations: the politics are nearly in place, but project deliverability is not. Europe wants to secure substantial volumes of gas from Azerbaijan but, although Baku says it is making progress on plans to develop the fields necessary to meet longer-term targets for European exports, it risks being too late to help out because of long project timelines. Where the politics are not in place is that Turkmenistan, the only Caspian source that could help Europe access the additional gas it needs in 2023-24, remains unwilling to engage in the kind of discussions that would help it contribute to Europe’s requirement for immediate gas supplies. Europe and the Caspian: The gas supply conundrum – Atlantic Council
