MP says SGC important for whole world
Realization of the Southern Gas Corridor project is important not only for Azerbaijan, but for Europe and the whole world, Azerbaijani MP Tahir Rzayev told Trend on March 2.
This project will play a significant role in supplying European markets with gas, according to the MP.
Rzayev noted that holding both meetings of the Southern Gas Corridor Advisory Council in Baku once again shows that Azerbaijan plays a key role in the project’s implementation.
“It also shows that Azerbaijan has gained a great international reputation as an economic and political partner,” he said.
The MP added that implementation of the Southern Gas Corridor project is also aimed at ensuring Azerbaijan’s economic development in long-term.
This project is of great importance in terms of ensuring peace and stability in the region, according to Rzayev.
The Southern Gas Corridor is one of the priority energy projects for EU. It envisages transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian Sea to Europe 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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