...

Deputy Assistant Secretary at US State Dept. to visit Azerbaijan

Politics Materials 25 February 2020 09:36 (UTC +04:00)

BAKU, Azerbaijan, Feb.25

By Leman Zeynalova - Trend:

Deputy Assistant Secretary Bureau of Energy Resources at the US State Department Kurt Donnelly will visit Azerbaijan in late February, the US State Department told Trend.

Donnelly will attend the 6th meeting of the Advisory Council of the Southern Gas Corridor to be held on February 28 in Baku on behalf of the State Department.

The first meeting of the SGC Advisory Council was held on February 12, 2015, the second meeting - on February 29, 2016, the third meeting - on February 23, 2017, the fourth meeting - on February 15, 2018 and the fifth meeting – on February 20, 2019.

The Southern Gas Corridor project aims to increase and diversify European energy supply by bringing gas resources from the Caspian Sea to markets in Europe.

The Southern Gas Corridor comprises the following four projects: (i) operation of Shah Deniz natural gas-condensate field ("SD1" project) and its full-field development ("SD2'" project), (ii) the operation of the South Caucasus Pipeline ("SCP" project) and its expansion ("SCPX" project), (iii) the construction of the Trans-Anatolian Natural Gas Pipeline ("TANAP" project) and (iv) the construction of the Trans Adriatic Pipeline ("TAP" project) (SD2, SCPX, TANAP and TAP collectively, the "Projects").

The Projects have an estimated investment cost of approximately $40 billion. Upon completion, the SD2 project will add a further 16 bcm of natural gas per annum to 10.9 bcma (maximum production capacity) already produced under SD1 project.

Total length of the newly constructed SCPX, TANAP and TAP pipelines will be more than 3,200 kilometres.

Tags:
Latest

Latest