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18.01.2011 09:36

SOCAR president: Southern Gas Corridor is one of options to diversify Azerbaijani gas supply

Southern Gas Corridor is one of the options for diversification of supply of increasing volumes of gas production in Azerbaijan, the president of SOCAR (State Oil Company of Azerbaijan) Rovnag Abdullayev said on Friday.

According to him, along with reserves of Shah Deniz field, Azerbaijan opens new gas fields that require transportation of produced gas to the external market, and one of the ways to provide for transportation is the projects that are part of the Southern Gas Corridor.

Abdullayev said the foundation of this corridor was laid with the construction of the Baku-Tbilisi-Ceyhan oil pipeline and Baku-Tbilisi-Erzurum gas pipeline. Further development of this area requires an expansion of existing and construction of new pipelines in the direction of Georgia, the expansion of gas transport infrastructure in the direction of Turkey.

On the eve, Azerbaijani President Ilham Aliev and European Commission President Jose Manuel Barroso signed the Joint Declaration on the Southern Gas Corridor in Baku.

The Southern Corridor is a priority EU energy project diversifying energy supply routes and sources and increasing EU energy security. The Southern Corridor includes the Nabucco gas pipeline, Trans Adriatic Pipeline (TAP), White Stream, and ITGI (Turkey-Greece-Italy pipeline).


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