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Timely implementation of SGC important for EU – Sefcovic

Oil&Gas Materials 13 July 2017 10:06 (UTC +04:00)
For the European Union (EU) and Georgia the timely implementation of the Southern Gas Corridor is important as well as its extension over time to additional supply countries.
Timely implementation of SGC important for EU – Sefcovic

Baku, Azerbaijan, July 13

By Leman Zeynalova – Trend:

For the European Union (EU) and Georgia the timely implementation of the Southern Gas Corridor is important as well as its extension over time to additional supply countries, said the European Commission Vice-President for Energy Union Maros Sefcovic.

He made the remarks ahead of the official visit to Georgia to attend Batumi International Conference "Ensuring Regional Stability" which will focus on the European Agenda, particularly on energy security and diversification of energy markets.

“Georgia has a key transit role to play in the opening of the Southern Gas Corridor,” added Sefcovic.

The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of gas from the Caspian region to the European countries 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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Follow the author on Twitter: @Lyaman_Zeyn

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