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EU appreciates Azerbaijan’s active participation in Southern Gas Corridor project

Oil&Gas Materials 3 May 2013 16:13 (UTC +04:00)
“It is not important which pipeline will be selected, it is important that the project will be commercially viable, and it is important it can transport not only Azerbaijani gas, but also gas from Turkmenistan,” Füle said.
EU appreciates Azerbaijan’s active participation in Southern Gas Corridor project

Azerbaijan, Baku, May 3 / Trend, A.Badalova /

The EU appreciates that Azerbaijan is taking active part in the Southern Gas Corridor project, EU Commissioner for Enlargement and European Neighbourhood Policy, Štefan Füle said during his speech "EU-Azerbaijan relations" at the Azerbaijan Diplomatic Academy in Baku on Friday.

"Cooperation in energy has strategic dimension. Energy diversification means a lot for us," Füle said.

He said the Southern Gas Corridor will connect Caspian region with the EU.

"It is not important which pipeline will be selected, it is important that the project will be commercially viable, and it is important it can transport not only Azerbaijani gas, but also gas from Turkmenistan," Füle said.

He said the project will contribute to foster relations with Azerbaijan.

The Southern Corridor is one of the EU's priority energy projects aimed at diversifying the routes and sources of energy supply, thereby increasing secure delivery. Gas which will be produced during the second stage of the Azerbaijani Shah Deniz field development is considered as the main source for the Southern Gas Corridor projects.

Currently, the Shah Deniz consortium considers two options for its gas transportation to Europe - TAP and Nabucco West. The final decision on the pipeline route will be made in June, 2013.

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