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Expert: Southern Gas Corridor efficient route for Israeli gas export

30 August 2017 [18:38] - TODAY.AZ

By Azernews


By Sara Israfilbayova

The Southern Gas Corridor is the most effective option for export of Israeli gas.

Israel’s gas supplies to Turkey will allow the country to gain access to the Turkish market and ensure transport of ‘blue fuel’ to Europe, Consultant of the Mediterranean Energy Political Risk Consultancy Cyril Widdershoven told Trend.

The Southern Gas Corridor is a system of mega-pipelines meant to bring gas from the Caspian region to Europe.

Previously, Israel's Minister of National Infrastructure, Energy and Water Resources Yuval Steinitz said that Turkey and Israel will sign an agreement on the construction of a gas pipeline to the EU by the end of the year.

The route from Azerbaijan to Europe consists of the South Caucasus Pipeline (SCP), the Trans-Anatolian Pipeline (TANAP), and the Trans-Adriatic Pipeline (TAP). The total value of this route is estimated at $40 billion. The main supply source would be the Shah Deniz gas field, located in the Caspian Sea.

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.

First gas is targeted for late 2018, with supplies to Georgia and Turkey; gas deliveries to Europe are expected just over a year after first gas is produced offshore Azerbaijan.

URL: http://www.today.az/news/business/164557.html

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