Turkey in euro energy boost

Turkey has reached an agreement with the EU) regarding an international gas pipeline...

Turkey, the EU and several countries in the Mashreq region are to work together to finalise plans for the Arab Gas Pipeline by the end of the year. Under the plans, existing pipelines will be extended through Turkey and into Europe to supply the continent with energy.

Cooperation and ongoing dialogue from all parties was encouraged at the meeting via the European Commission earlier this week.

Commissioner Ferrero-Waldner commented: "The Mashreq countries, Turkey and Iraq, are key energy partners for the EU, and it is important that we fully exploit the potential of our now well-established co-operation."

"The Arab Gas Pipeline is set to be finalised by the end of the year, opening important possibilities as a new transport route for gas to the EU. This is just one example of how we are working together to integrate our energy markets in our mutual interest."