Azerbaijan's Gas Transit Projects Far Ahead of Scheduled Plan

Azerbaijan's Energy Minister Natig Aliyev says that the country's gas transit projects are far ahead from the scheduled plan.

"I have had consultations with SOCAR President Rovnag Abdullayev and Regional President for Azerbaijan, Georgia, and Turkey at BP Gordon Birrell. Based of President Ilham Aliyev's initiative, the second meeting or Advisory Board of the Southern Gas Corridor will be held in early 2016 to discuss the realization of this project", Natural Gas Europe's correspondent reported from Baku.

The Southern Gas Corridor (SGC) is a term used to describe planned infrastructure projects aimed at improving the security and diversity of the EU’s energy supply by bringing natural gas from the Caspian region to Europe.

Natiq Aliyev said that progresses in Azerbajian and Georgian part of the Southern Gas Corridor is far ahead from plan and new meeting of Advisory Board may be held in Baku.

The Southern Gas Corridor is one of the most complex gas value chains ever developed in the world. Stretching over 3,500 kilometres, crossing seven countries and involving more than a dozen major energy companies, it is comprised of several separate energy projects representing a total investment of approximately US$45 billion:

The Shah Deniz 2 development, drilling wells and producing gas offshore in the Caspian Sea.

Expansion of the natural gas processing plant at the Sangachal Terminal on the Caspian Sea coast in Azerbaijan.

• Three pipeline projects:

South Caucasus Pipeline (SCPX) – Azerbaijan, Georgia

Trans Anatolian Pipeline (TANAP) – Turkey

Trans Adriatic Pipeline (TAP) – Greece, Albania, Italy