The expert noted that Azerbaijan is so far the only gas contributor to the Southern Gas Corridor, but SGC’s role can expand in the future as a certain amount of un-contracted Caspian gas may enter the picture and be transported through Azerbaijan.
He stressed that the longstanding EU ambition is to have multiple producers on board, including Turkmenistan, Iraq, Iran and the Eastern Mediterranean region.
“However, each of them presents some distinctive challenges and risks,” Giuli said.
On Feb. 23, Baku hosted the Southern Gas Corridor Advisory Council Third Ministerial Meeting.
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.
/Trend/
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