Atlantic Summit to mull Southern Gas Corridor
The Southern Gas Corridor will be one of the topics of
discussions during the annual Atlantic Council Energy & Economic
Summit scheduled for November 18-20 in Istanbul.
The Summit is aimed at fostering and strengthening transatlantic
engagement on energy, economic, and political challenges.
President of Turkey Recep Tayyip Erdogan, European Commissioner for
Climate Action and Energy Miguel Arias Canete, President of Croatia
Kolinda Grabar-Kitarovic, Executive Director of the International
Energy Agency Fatih Birol, Prime Minister of Albania Edi Rama, US
Special Envoy and Coordinator on International Energy Affairs Amos
Hochstein are among the keynote speakers at the Summit.
Representatives of SOCAR, Trans Adriatic Pipeline (TAP), BP Turkey,
as well as the US Ambassador to Azerbaijan will be the participants
of the Session dedicated to the Southern Gas Corridor on November
20.
The Southern Gas Corridor is one of the priority energy projects
for the EU. It envisages the transportation of gas from the Caspian
Sea region to the European countries through Georgia and
Turkey.
At the initial stage, the gas to be produced as part of the Stage 2
of development of Azerbaijan’s Shah Deniz field is considered as
the main source for the Southern Gas Corridor projects. Other
sources can also connect to this project at a later stage.
As part of the Stage 2 of the Shah Deniz development, the gas will
be exported to Turkey and European markets by expanding the South
Caucasus Pipeline and the construction of Trans-Anatolian Natural
Gas Pipeline and Trans-Adriatic Pipeline.
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