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Southern Gas Corridor projects in third list of PCIs

Oil&Gas Materials 25 November 2017 11:54 (UTC +04:00)
Southern Gas Corridor projects are in the third list of the Projects of Common Interest (PCI), released by the European Commission.
Southern Gas Corridor projects in third list of PCIs

Baku, Azerbaijan, Nov.25

By Leman Zeynalova – Trend:

Southern Gas Corridor projects are in the third list of the Projects of Common Interest (PCI), released by the European Commission.

Gas pipeline to the EU from Turkmenistan and Azerbaijan, via Georgia and Turkey, currently known as the combination of Trans-Caspian Gas Pipeline (TCP), South Caucasus Pipeline Future Expansion (SCPFX) and Trans Anatolia Natural Gas Pipeline (TANAP), gas pipeline from Greece to Italy via Albania and the Adriatic Sea [currently known as Trans-Adriatic Pipeline (TAP)], including metering and regulating station and compressor station at Nea Messimvria, Greece are in the third list of PCIs.

In total, 173 projects, including 110 electricity and smart grids, 53 gas projects, six oil projects, four cross-border CO2 network projects are included in this list.

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.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey. The gas will be delivered to Turkey in 2018 and after completion of the Trans Adriatic Pipeline's construction natural gas will be delivered to Europe in early 2020.

The length of TANAP is 1,850 kilometers, with an initial capacity of 16 billion cubic meters of gas. Around six billion cubic meters of this gas is meant to be delivered to Turkey, with the remaining volume to be supplied to Europe.

TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.

TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).

TAP’s shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

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Follow the author on Twitter: @Lyaman_Zeyn

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