Iran Conflict Could Help Revive Moribund Trans-Caspian Gas Pipeline
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Executive Summary:
The Iran conflict has made completing the moribund Trans-Caspian Gas Pipeline (TCP) increasingly attractive. Central Asia is looking to export its resources to Europe because of Russia’s waning influence and because of growing natural gas demand as the conflict in the Persian Gulf endangers Europe’s access to Middle Eastern gas.
The TCP would link Central Asia to Europe via the Southern Gas Corridor and could annually deliver 1.06 trillion cubic feet of gas worth $5 bil
The Iran conflict has made completing the moribund Trans-Caspian Gas Pipeline (TCP) increasingly attractive. Central Asia is looking to export its resources to Europe because of Russia’s waning influence and because of growing natural gas demand as the conflict in the Persian Gulf endangers Europe’s access to Middle Eastern gas.
The TCP would link Central Asia to Europe via the Southern Gas Corridor and could annually deliver 1.06 trillion cubic feet of gas worth $5 bil
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