© Trans Adriatic Pipeline AG, all rights reserved
Shah Deniz 2 gas kickstarts southern corridor project
The pipeline network joining the Caspian to Europe isn’t finished yet, but the gas is, at least, now flowing part of the way
The pieces of the jigsaw are gradually slotting into place for gas supply to Europe via the 3,500km Southern Gas Corridor (SGC) pipeline project. Commercial gas deliveries to Turkey via the Trans Anatolian Pipeline (Tanap) have started up, supplied by feedstock from Phase 2 of BP's Shah Deniz project in the Azeri section of the Caspian Sea. The start-up of supply from the $28bn Shah Deniz 2 project is a feather in the cap for both BP and Socar, the Azeri state energy company. It's been achieved on time and within budget, enhancing Azerbaijan's reputation as a place the oil industry can operate successfully. Once working at maximum output, Phase 2 is expected to add 16bn cubic metres a year o
Also in this section
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
20 March 2026
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
20 March 2026
Disruptions to Qatari LNG exports have highlighted the risks of concentrated supply, potentially strengthening the long-term position of US exporters despite limited near-term flexibility
20 March 2026
The extent of the US-Israel war with Iran means there will be no going back to the previous market equilibrium no matter how the conflict ends
