Shah Deniz 2 gas kickstarts southern corridor project
The pipeline network joining the Caspian to Europe isn’t finished yet, but the gas is, at least, now flowing part of the way
The pieces of the jigsaw are gradually slotting into place for gas supply to Europe via the 3,500km Southern Gas Corridor (SGC) pipeline project. Commercial gas deliveries to Turkey via the Trans Anatolian Pipeline (Tanap) have started up, supplied by feedstock from Phase 2 of BP's Shah Deniz project in the Azeri section of the Caspian Sea. The start-up of supply from the $28bn Shah Deniz 2 project is a feather in the cap for both BP and Socar, the Azeri state energy company. It's been achieved on time and within budget, enhancing Azerbaijan's reputation as a place the oil industry can operate successfully. Once working at maximum output, Phase 2 is expected to add 16bn cubic metres a year o
Also in this section
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion