Utilizing gas grid to save hundreds of billions of euros for European consumers
Baku, Azerbaijan, Sept.11
By Leman Zeynalova – Trend:
Utilising the gas grid to deliver climate objectives saves the European consumers hundreds of billions of euros over the next 30 years, Eurogas told Trend.
“Europe has extensive gas grid with 2.2 million kilometres of gas pipelines. The existent and developing gas infrastructure can provide access to low carbon gases, such as biomethane and hydrogen, in the future,” said the association.
Investing in the maintaining the gas grid is therefore essential to meet the objective of a carbon neutral economy in 2050, according to Eurogas.
Eurogas is an association representing the European gas wholesale, retail and distribution sectors towards the EU institutions. Founded in 1990, Eurogas currently comprises 46 companies and associations from 21 countries.
One of the priority projects for the EU is the Southern Gas Corridor project that envisages the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.
The launching ceremony of the first stage of the Southern Gas Corridor was held in Baku on May 29, 2018, while opening ceremony of TANAP was held on June 12, 2018 in the Turkish city of Eskisehir.
The gas from the Azerbaijani Shah Deniz field has already gone through the first segment of the Southern Gas Corridor - from the Sangachal terminal to the expanded South Caucasus Pipeline.
Trans-Adriatic Pipeline (TAP) and Trans-Anatolian Natural Gas Pipeline (TANAP) were connected on the Turkish-Greek border.
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