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Gas talk: EIA says where others have failed, Azerbaijan prevails

Oil&Gas Materials 16 October 2015 12:57 (UTC +04:00)
Three new or expanded pipelines - South Caucasus Pipeline Expansion, Trans-Anatolian Natural Gas Pipeline and Trans Adriatic Pipeline - will move gas from Azerbaijan to southern Europe, US Energy Information Administartion (EIA) said in its report.
Gas talk: EIA says where others have failed, Azerbaijan prevails

Baku, Azerbaijan, Oct. 16

By Aygun Badalova - Trend:

Three new or expanded pipelines - South Caucasus Pipeline Expansion, Trans-Anatolian Natural Gas Pipeline and Trans Adriatic Pipeline - will move gas from Azerbaijan to southern Europe, US Energy Information Administartion (EIA) said in its report.

The above mentioned pipelines are the parts of a bigger Southern Gas Corridor, initiated by Azerbaijan.

"Construction or preliminary work has begun on three new pipelines designed to flow new supplies of natural gas from Azerbaijan to consumers in Turkey, Bulgaria, Greece, and Italy," EIA said.

It noted that for more than a decade, companies have been announcing proposals to build new natural gas pipelines to connect natural gas resources in Russia, Central Asia, and the Middle East with consumers in southern Europe.

"In contrast to the three new pipelines considered in this article, most of these projects have failed to advance," the EIA said.

Although historically an oil producer, Azerbaijan's importance as a natural gas producer and exporter is growing, EIA noted.

There have been a number of other proposals for pipelines into Turkey and from Turkey into Europe over the past 10 to 15 years, many of which have been canceled or are otherwise on hold, EIA said.

The Southern Gas Project envisages transportation of gas from the Caspian region through Georgia and Turkey to Europe.

This large project aims at diversifying the routes and sources of energy supply that will enhance the energy security of Europe.

At the initial stage, the gas to be produced as part of the second phase of development of Azerbaijani gas condensate Shah Deniz field is considered as the main source for the Southern Gas Corridor project. At a later stage, other sources may join the project.

The gas to be produced as part of the Stage 2 of the field's development will be exported to Turkey and to the European markets by means of expanding the South Caucasus Pipeline and construction of the Trans-Anatolian Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP).

Around six billion cubic meters of the total volume of gas within the Shah Deniz-2 project will be delivered to Turkey and 10 billion cubic meters to Europe per year.

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