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Energy Union VP underlines Southern Gas Corridor's importance

Business Materials 29 February 2016 12:15 (UTC +04:00)
Maros Sefcovic, the EU Commission Vice-President for Energy Union, is participating in the second Southern Gas Corridor Advisory Council Meeting, being held in Baku Feb. 29.
Energy Union VP underlines Southern Gas Corridor's importance

Baku, Azerbaijan, Feb. 29

By Aygun Badalova - Trend:

Maros Sefcovic, the EU Commission Vice-President for Energy Union, is participating in the second Southern Gas Corridor Advisory Council Meeting, being held in Baku Feb. 29.

On his Twitter account, Sefcovic said he was glad to be back in Baku for the Southern Gas Corridor meeting, also underlining the key importance of the project to Europe's energy security.

Sefcovic welcomed progress, achieved on this strategic infrastructure project over past year.

The Southern Gas Corridor project envisages transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian Sea to Europe 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 projects. Other sources can also connect to this project at a later stage.

As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.

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