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.
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