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US to continue supporting Southern Gas Corridor project

Politics Materials 15 November 2016 14:50 (UTC +04:00)
After Donald Trump was elected the new US president, Washington's stance on the Southern Gas Corridor project won’t undergo significant changes
US to continue supporting Southern Gas Corridor project

Baku, Azerbaijan, Nov. 15

By Anakhanum Hidayatova – Trend:

After Donald Trump was elected the new US president, Washington's stance on the Southern Gas Corridor project won’t undergo significant changes, Co-Chairman of Ukrainian Energy Strategies Fund Dmitry Marunich told Trend Nov. 15.

The expert said that a lot will depend on the people who will hold the appropriate positions in the new president’s administration.

Marunich stressed that big changes are not to be expected.

“Washington will continue supporting the routes of gas transportation to the EU countries, which are competing with the Russian supplies, and the unconditional support of the [Southern Gas Corridor] project, as well as a number of other projects which don’t have a direct impact on the US energy security, may become a subject to bargaining with Moscow on a broad range of issues,” said the 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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Follow the author on Twitter: @Anahanum

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