Azerbaijan's Aliyev: ready to ship gas to Europe by 2020

Azerbaijan's Aliyev: ready to ship gas to Europe by 2020

Editorial Staff
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During the Secutiry Conference in Monaco, the Azerbaijani President announced the opening of the Southern Gas Corridor

Azerbaijani President Ilham Aliyev has announced that his country will begin operating the Southern Gas Corridor starting already in 2020. The SGC project comprises the South Caucasus Pipeline (Georgia and Azerbaijan), the Trans-Anatolian Natural Gas Pipeline (or TANAP, through Turkey) and the Trans-Adriatic Pipeline (or TAP, extending to Italy from Albania and Greece). Speaking at the Munich Security Conference, Aliyev stressed his country’s strategic importance to regional and European energy security now that such gas megaprojects are nearing completion. The head of state talked about seven pipelines (three oil and four gas) that will connect the small republic on the Caspian Sea with the Black Sea and the Mediterranean, guaranteeing Europe reserves large enough to satisfy much of its energy needs. The scenario is a plausible one, considering that, as Aliyev pointed out, "80% of the works on the South Caucasus Pipeline, 35% on the TAP, and 90% on the Shah Deniz field are complete.