Southern Gas Corridor – important project for energy security

Oil&Gas Materials 29 February 2016 18:03 (UTC +04:00)

Baku, Azerbaijan Feb. 29

By Azad Hasanli - Trend:

The Southern Gas Corridor is an important project in ensuring energy security, Turkish Minister of Energy and Natural Resources Berat Albayrak said.

He made the remarks during the press conference following the second meeting of the Southern Gas Corridor Advisory Council in Baku Feb. 29.

The minister said Turkey strongly supports the implementation of the Southern Gas Corridor project.

Albayrak also thanked Azerbaijan for holding the meetings of the Southern Gas Corridor Advisory Council.

The Southern Gas Corridor is one of the priority energy projects for EU. It 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.