Institution: EBRD, ADB
Pipe dreams - why public subsidies for Lukoil in Azerbaijan will not reduce EU dependency on Russia
Study | January 21, 2015 | Download PDF
The study explains why the Southern Gas Corridor, the EU’s new pet energy project, is not only unnecessary in light of gas demand projections, but also seems likely to fall short on the much flaunted goal of bringing energy independence from Russia.
Read also: Pipe Dreams: Why the Southern Gas Corridor will not reduce EU dependency on Russia (press release | 21 January, 2015)