Scoop has an Ethical Paywall
Licence needed for work use Learn More

World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Selection of Pipeline Route for the Southern Gas Corridor

Selection of Pipeline Route for the Southern Gas Corridor

Press Statement

Patrick Ventrell
Acting Deputy Spokesperson, Office of Press Relations

Washington, DC

June 28, 2013

Today, the consortium developing Azerbaijan’s Shah Deniz gas field announced its selection of the Trans-Adriatic Pipeline (TAP) to deliver its gas to Europe. This is a major accomplishment for Azerbaijan and a major step forward in implementation of the Southern Gas Corridor, which will deliver Caspian gas to European consumers.

The Southern Corridor, which will include an expansion of the South Caucasus pipeline across Azerbaijan and Georgia and the Trans-Anatolian pipeline across Turkey, will bring a new source of gas supply to Europe, a goal the United States strongly supports. This reflects Europe’s efforts to diversify its energy resources, including the bold steps toward competition and trade embodied in the EU’s Third Energy Package, an important set of regulatory measures issued in 2009. The selection of TAP as the means to link Caspian gas to Europe is another important step in the process of advancing Europe’s energy security and promoting competition in the supply of energy resources.

While the Southern Gas Corridor focuses on supplies to Europe, it also represents an important contribution to global energy security. By bringing Caspian gas to international markets, this initiative will contribute to meeting global energy demand, which is critical to sustaining economic growth. The United States sees the importance of the Southern Gas Corridor in this wider context.

We congratulate the Government of Azerbaijan and the Shah Deniz consortium on achieving this important milestone.

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
World Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.