Date set for SGC Advisory Council’s 3rd meeting
The third meeting of the Advisory Council of the Southern Gas Corridor (SGC) is scheduled for February 23 in Baku with the consent of Azerbaijan’s President Ilham Aliyev.
The country’s Energy Ministry told Trend that several meetings and discussions were held in connection with the organization of the Advisory Council’s next meeting.
The meeting’s initial program and agenda have already been prepared.
“The list of the meeting’s participants has been determined, invitations for participation in the meeting have been sent to energy ministers of countries involved in the SGC [Azerbaijan, Georgia, Turkey, Italy, Greece, Albania and Bulgaria], Balkan countries, European Commission Vice-President for Energy Union Maros Sefcovic, heads of international financial institutions and representatives of other interested parties,” said the ministry.
The SGC Advisory Council held its first meeting on February 12, 2015, and the second meeting on February 29, 2016.
The Southern Gas Corridor envisages transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region to Europe via Georgia and Turkey.
The Shah Deniz gas will be exported through expansion of the South Caucasus Pipeline and the construction of the Trans-Anatolian Natural Gas Pipeline and the Trans Adriatic Pipeline.
Shah Deniz Stage 2, or Full Field Development (FFD) is a giant project that will add a further 16 billion cubic meters per year (bcma) of gas production to the approximately 9 bcma produced by Shah Deniz Stage 1.
The field is located in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku and 90 km east-south east of Sangachal in water depths ranging from 50m to 500m.
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