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Abstractness of Trump-led US to help Southern Gas Corridor?

Economy Materials 10 November 2016 17:18 (UTC +04:00)
The US pressure on Europe will weaken when Donald Trump comes to power
Abstractness of Trump-led US to help Southern Gas Corridor?

Baku, Azerbaijan, Nov. 10

By Anakhanum Hidayatova – Trend:

The US pressure on Europe will weaken when Donald Trump comes to power, Valentin Zemlyansky, director for energy programs at the Center of World Economy and International Relations at the Ukrainian National Academy of Sciences, told Trend Nov. 10.

The presidential election was held in the US November 8. Republican presidential nominee Donald Trump won the election.

The expert added that the US authorities’ attention will be directed to a greater extent to the internal problems of the country, as Trump previously stated himself.

Zemlyansky noted that such an abstractness of the US will have a positive impact on the implementation of the Southern Gas Corridor project, because it’s related to the complex process of interstate relations.

The expert noted that the Southern Gas Corridor project provides significant opportunities not only in terms of gas supplies to the countries of Western Europe, but also in terms of possibility of participation of a number of countries in Central and Eastern Europe as transporters of gas to final consumers.

“I believe that the implementation process of the Southern Gas Corridor project will be significantly accelerated,” said Ukrainian expert.

The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region to the European countries through Georgia and Turkey.

At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor project. Other sources can also join this project at a later stage.

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