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Home > Bankwatch in the media > Southern Gas Corridor under more pressure

Southern Gas Corridor under more pressure

20 September 2016, Interfax Global Energy

Russia’s plan to revive the Turkish Stream pipeline and the Interconnector Turkey-Greece-Italy (ITGI) project could put future projects along the proposed Southern Gas Corridor under even more pressure.

Gulmira Rzayeva, senior research fellow at Azerbaijan’s Center for Strategic Studies, said the pipeline could affect the second stage of field development in Azerbaijan, including as Absheron, which is forecast to begin production in late 2021. […]

Institution: EBRD | EIB | World Bank Group | AIIB | ADB

Theme: Energy & climate

Location: Azerbaijan

Project: Southern Gas Corridor / Euro-Caspian Mega Pipeline

Tags: EU neighbourhood | Russia | fossil fuels | gas

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