Gunther Oettinger: SGC strategic project for EU
By Trend
The Southern Gas Corridor (SGC) is a strategic project for the EU, European commissioner for budget and human resources, acting co-chair of SGC Advisory Council Gunther Oettinger said at a press conference following the fifth ministerial meeting of the SGC Advisory Council in Baku, Trend reports Feb. 20.
He noted that gas supplies to Turkey already started within the second stage of development of the Shah Deniz field. He expressed hope that the final leg of the project, the Trans-Adriatic Pipeline (TAP) will be launched in 2019-2020.
Speaking about the SCG Advisory Council meeting held Feb. 20, he stressed its high significance and noted that important issues were discussed at the meeting.
By using the example of the Netherlands, he noted that gas volumes in Europe are decreasing every year.
The EU needs to diversify the gas supply market, and the SGC is a new strategically important route, he said.
In the next ten years, there are plans to double the volume of gas supplied to Europe via the SGC to 20-25 billion cubic meters, he noted.
He added that the signing of the declaration will strengthen Azerbaijan’s mutually beneficial partnership with the EU.
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