EC expects Southern Gas Corridor to grow swiftly

March 6, 2014

Azerbaijan is a door opener in the process of joining the Caspian countries to the Southern Gas Corridor, whose further enlargement of the Corridor has the potential to meet up to 20 percent of the EU's gas needs, the European Commission's spokesperson told AzerNews on March 5.

There are also further major sources in the Southern Gas Corridor, linking the EU to Turkey, the Eastern Mediterranean, Iraq, Azerbaijan, and other countries.

"The Shah Deniz 2 decision is only the beginning of the Southern Gas Corridor and we expect the corridor to grow swiftly, bringing more volumes of gas not only from Azerbaijan, but also from other countries in the Caspian region, to Europe. The EU aims to see 10 percent of EU gas demand satisfied through this corridor in the medium term," the spokesperson said.

Copyright: Azernews, 2014