Gazprom obtains Azerbaijani alternative to Russian gas deliveries
Edited by Anonymous / 2013-12-18 07:50:49
Azerbaijan Oil and Gas Russia Azerbaijan Oil and Gas Baku-Tbilisi-Erzurum Russia Oil and Gas Transadriatic pipeline TAP Gas Pipelines
Implementation of South Gas Corridor considered the alternative to Russian gas deliveries has started. The shareholders of Shakh-Deniz made their final investment decision about the second stage of the project which will help to supply South Europe with 10 billion cubic metres of gas per year by 2019. However, the growth of the costs scares away European companies. Statoil was the first. It rejected entering the gas transportation network and reduced its share in future extraction, Kommersant reports.