Related Articles
Forward article link
Share PDF with colleagues

Southern Gas Corridor project defies sceptics

Azeri gas will be flowing into Europe via a new route by the summer

When the first gas flows through the Turkish stage of the Southern Gas Corridor (SGC) pipeline network this July, Europe will have made a symbolic and important step towards its goal of loosening its dependence on Russian gas. The amount of gas involved is relatively small—just 10bn cubic meters sourced from Azerbaijan's Shah Deniz II field, compared to the 194bn cm of Russian gas that went Europe's way in 2017. At one point in its gestation there were plans to pump up to 60bn cm of gas through the SGC—an amount that really would have shaken up market shares in Europe. Nevertheless, the SGC has a strategic value to Europe that outweighs the volumes involved. EU officials say the SGC is as

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
BP’s Angolan JV could provide future template
3 August 2021
The major’s pooling of non-core resources with Italy’s Eni may be a model moving forward
Book review: Leftist history of the UK oil industry offers wider appeal
3 August 2021
It is easy to identify the sympathies of the authors. But that does not diminish the vivacity of the tale they have to tell
Letter from China: Covid resurgence compounds economic concerns
3 August 2021
China’s economy faces headwinds that go beyond than the arrival of the Delta variant
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video