Azer News: Azerbaijan to open new stage in European energy security

Azerbaijani gas will be the first alternative source for the European Union is due to reach European countries in 2019. Greece will be the starting point in the European direction transportation route. Gas will be transported through the Trans Adriatic Pipeline in the amount of ten billion cubic meters with the possibility of the further expansion.

On the basis of the commercial contracts with the European buyers, Greece will get about one billion cubic meters of Azerbaijani gas. That is not big amount, but for the country, which is highly dependent on one source, this gas will play an important role in Greece's energy security.

The consumption of gas in Greece amounted to 3.6 billion cubic meters in 2013 which is 11.5 percent less than in 2012, according to BP's recent statistical review. In total Greece imported three billion cubic meters of gas through the pipeline. 2.4 billion cubic meters of that amount Greece imported from Russia.
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