New Shah Deniz phase to boost Southern Gas Corridor and Europe’s energy security

Azernews.Az

3 June 2025 13:55 (UTC+04:00)

Akbar Novruz

The Shah Deniz consortium has officially sanctioned the Final Investment Decision (FID) for the Shah Deniz Compression (SDC) project — a major new development phase in one of the world’s largest offshore gas-condensate fields, located in the Azerbaijani sector of the Caspian Sea.

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