USD 64.429

+0.31

EUR 71.2391

+0.64

BRENT 63.68

+0.04

AI-92 42.37

-0.03

AI-95 46.12

+0.01

AI-98 51.87

-0.02

Diesel 46.15

0

64

EU eyes for new gas supplies from Azerbaijan

EU eyes for new gas supplies from Azerbaijan EU eyes for new gas supplies from Azerbaijan


Baku, April 23 - Neftegaz.RU
. According to Azernews, Azerbaijan possesses new promising gas fields that can be used as additional sources to further expand Azerbaijan's gas export volume to Europe. EU may be interested in gas supplies from fields that are yet to be developed in Azerbaijan.

“As part of its security policy, the EU may be interested in further gas supplies from the Caspian Sea (for example, from new, not yet explored fields in Azerbaijan or from Turkmenistan) under suitable conditions,” the European Commission (EC) told Trend.

As noted by the EC, it is important to emphasize that the EU’s energy diversification policy is aimed not only at new gas sources, but also at new supply routes. From this point of view, the EC stressed the importance of the Southern Gas Corridor (SGC) for diversifying energy supplies to the EU.

“Once the project is completed, the EU will receive 10 billion m3 of gas from Shah Deniz-2 in Azerbaijan. The capacity of the SGC can be easily expanded with more powerful compressor stations,” stated the organization.

There are technical capabilities to expand this gas pipeline since SGC was originally designed in a way so that its capacity can be doubled.