Azernews.Az

By Aynur Karimova

Some 30 percent of works within the implementation of the Southern Gas Corridor project has already been completed.

This remark was made by Rovnag Abdullayev, the head of Azerbaijan's state energy company SOCAR, the German media outlets reported on July 21.

"Agreements with 162 suppliers from 23 countries totaling over 10 billion euros have already been signed. Currently, more than 9,500 people are working over the project. As part of the Shah Deniz-2 project, seven wells have been drilled while the construction of a compressor station in Georgia and pipe production is in full swing," he noted.

SOCAR head also added that a new era of energy security of Europe will begin with the first deliveries of Azerbaijani gas to Europe in 2020.

The Southern Gas Corridor, aimed at diversifying energy supply to enhance Europe's energy security, will connect the Trans-Anatolian and Trans-Adriatic pipelines.

At the initial stage, the gas, which will be produced as part of the second stage of development in Azerbaijan's giant Shah Deniz field, will stand as the primary source for the Baku-initiated energy corridor.

As part of Stage 2 of Shah Deniz field's development, gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of both the TANAP and TAP.

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Aynur Karimova is AzerNews’ staff journalist, follow her on Twitter: @Aynur_Karimova

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