Details added (first version posted on 17:14)
Baku, Azerbaijan, Feb. 29
By Azad Hasanli - Trend:
Volatility of the energy market makes it clear that the Southern Gas Corridor project must be completed on time, Maros Sefcovic, the European Commission's vice-president for Energy Union, said at a press conference in Baku Feb. 29.
Sefcovic believes that any further delay in the project's implementation would bring up unnecessary costs.
He noted that everybody is waiting for the Caspian gas to flow into Turkey by 2018 and EU by 2020.
Commenting on a question of the ongoing protests in Italy regarding the laying of Trans Adriatic Pipeline (TAP) through the region of Puglia in the country's southern part, Sefcovic said that the Italian government is talking with the local authorities on this issue.
"TAP consortium is also ready to demonstrate that this project in no way would harm neither environment nor tourism industry," said Sefcovic, adding that in the contrast, it would provide additional jobs and business opportunities to that region.
"We believe that the solution would be found in a way that wouldn't threaten time table and original design of the project," he added.
The protest of the local population regarding the laying of the pipeline through the region of Puglia is related to concerns that the construction of the pipeline would damage the local landscape.
TAP project envisages transportation of gas from the second stage of development of the Azerbaijani Shah Deniz gas and condensate field to the EU countries.
The pipeline with a total length of about 870 km will be connected with TANAP (Trans-Anatolian Natural Gas Pipeline) at the Turkish-Greek border near the city of Kipoi, and will pass through Greece, Albania, the Adriatic Sea and beyond - to the south of Italy.
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