Russia, Transadriatic pipeline TAP
The EU approved the European Commission's proposal for investment of 444 million euros into European priority energy projects, according to a European Commission report.
Spanish Enagas allows the use of facilities of the Trans Adriatic Pipeline (TAP) by Gazprom for export of Russian gas to Europe, the Trend writes.
The company is considering joining the TAP project.
Operation in the eastern segment of Trans-Adriatic pipeline (TAP), which is planned to supply Azeri gas to Europe, will start in 2017.
Analyst Alexander Pasechnik talks about the importance of Trans Adriatic gas pipeline for European gas marketEdited by vadim / 2016-05-24 08:49:27
Brussels still hasn’t let up in the development of new routes of gas supplies to Europe alternative to Russian gas transportation projects. Last week, Thessaloniki hosted a ceremony of beginning of the construction of the Trans Adriatic Pipeline (TAP). The vice-president of the European Commission Maroš Šefčovič, participated in the event, said that he considered this event as "historic", and tried to say a few words in Greek.
Nevertheless, such a pompous start doesn’t necessarily mean safe fast finish – it’s not the fact that the project will be implemented at all. The fate of canceled Nabucco may well comprehend it, for which the European Commission had high hopes. And TAP is just another interpretation of the so-called "Southern Gas Corridor", prospects of which is questionable.
Gazprom may lose almost half of its share of the Italian gas market due to the Trans Adriatic Pipeline (TAP), which on the eve of the start of building Europe, writes "Gazeta.ru,".
The publication states that TAP will allow the supply of up to 10 billion cubic meters to the south of the EU, especially in Italy, from Azerbaijan. Thus, the Europeans are trying to diversify their sources of gas supplies.
The fate of the "Turkish stream" depends on the results of the parliamentary elections in Turkey. However, according to political analysts, now the party of the Turkish President Recep Tayyip Erdogan has little chance of getting a parliamentary majority, and this makes the fate of the "Turkish stream" unpredictable, Gazeta.ru writes.
Agreement with Turkey on gas pipeline "Turkish Stream" was stored, Russian Foreign Minister Sergei Lavrov stated on Wednesday. He recalled that the President of Turkey Recep Tayyip Erdogan during his visit to Moscow on September 23 confirmed the loyalty of past decisions.
Moscow continues to oppose the Trans-Caspian. At this time the Russian Foreign Ministry spokesman Aleksandr Lukashevich commented on the construction of the Trans-Caspian Gas Pipeline (THC), which would connect Azerbaijan and Turkmenistan, and then direct the gas flow on the Southern Corridor to the EU, bypassing Russia. According to him, Russia and Iran are now actively opposing this position, stating that the construction of such a pipeline under the Caspian Sea must enlist the support of all the countries of the Caspian region.
After 2019 it will not be possible for "Gazprom" to completely eliminate the Ukraine from the Russian gas supply scheme, even if the "Turkish Stream" project will be built, according to the experts, with reference to RBK.
The newspaper reminds that due to construction of "Turkish Stream" gas pipeline in 2019 when the current contract with the Ukrainian side ends, Gazprom is going to completely stop the transit of gas through the Ukraine. But the concern will not have time to prepare for this within the last four and a half years, the experts interviewed by the publication believe.
Serbia was ready to diversify its sources of gas supply, in particular by joining the gas pipeline from Azerbaijan, the prime minister of Serbia Alexander Vucic stated earlier.
The countries of South-Eastern Europe as an alternative to Russian gas can not expect to supply a comparable amount of fuel from Azerbaijan, the head of the Serbian national company "Srbijagas" Dusan Bajatovic states.