Azernews.Az

Monday, November 2, 2026

EU seeks to ensure scalability of Caspian gas pipeline: source

30 November 2012 13:22 (UTC+04:00)
EU seeks to ensure scalability of Caspian gas pipeline: source

The European Union wants to be ensured that the pipeline, aimed to transport Caspian gas to Europe, will be scalable, a source in the Energy Department of the European Commission told Trend news agency on Friday.

"The EU's policy is to see a dedicated Southern Gas Corridor pipeline to be built outside the EU, and if its capacity is limited at first, it should be ensured to legally and technically increase the capacity to transport higher volumes at a later stage, when this become available, making the pipeline capacity scalable," the source said.

If the sides plan the Southern Gas Corridor with only 10 bcm a year for the longer term, then it simply isn't worth all the effort, said the EU Energy Commissioner Guenther Oettinger speaking at the Frankfurt Gas Forum 2012, adding that the EU is expected to require around 600 bcm a year in the longer term and that gas produced during the second stage of Azerbaijani Shah Deniz field development would only amount to a fraction of that volume.

Commenting Oettinger's statement, the source said that the EU's position in the issue of transportation of Caspian gas to Europe did not change.

"Gas is expected to come not only from Azerbaijan, but also from Turkmenistan through the Trans Caspian Pipeline that is currently being discussed, as well as possibly from Iraq," the source added.

The Southern Gas Corridor is a major energy project for the EU. It is intended to diversify routes and sources of supply.

It is aimed at ensuring EU energy security. Gas which will be produced during the second stage of Shah Deniz field development is considered as the main source for the Southern Gas Corridor projects.

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more