EurasiaReview: EU To Make Southern Corridor A Top Priority

The European Union hopes to secure its natural gas sources at a time of troubled ties with its major supplier, Russia. At this juncture in what could become a major energy crisis in Europe, Azerbaijan once again reemerges as the most cost-effective and secure energy supplier.

The route that will deliver Azerbaijani gas to Europe was defined as a priority in the EU’s efforts to diversify sources and routes of energy supply, as Miguel Arias Canete, EU Commissioner for Climate Action and Energy said.

“The Southern Corridor project will be a top priority,” Canete said on February 4. “We will double our efforts to diversify energy supplies, their sources and routes. The recent story of the South Stream should become a lesson and an opportunity for us. From now on we will focus attention on the projects that will allow us to diversify supplies,” he noted.

European officials be it EU commissioners or premiers of the EU states have repeatedly confirmed that they rely on Azerbaijan as an alternative gas supplier. Europe does not intend to abandon its goal to reduce dependence on Russia, as the officials has openly stated that the EU recognizes the need for securing alternative gas supply and gives priority to real projects rather than initiatives.

Read the full article HERE.