EU keen on extending Southern Gas Corridor into Western Balkans

EU keen on extending Southern Gas Corridor into Western Balkans
  • Clock-gray 10:56
  • calendar-gray 22 December 2020

The EU wants to see the Southern Gas Corridor - designed to bring gas from Azerbaijan into southern Europe to reduce the region's dependence on Russian imports - extended northward into the Western Balkans, the European Commissioner for Neighborhood and Enlargement, Oliver Varhelyi, said, APA-Economics reports citing S&P Global Platts.

"Building on the important progress made this year in finalizing the Southern Gas Corridor, we are keen on exploring its possible extension to the Western Balkans," the European Commissioner for Neighborhood and Enlargement, Oliver Varhelyi, said in a statement.

The Western Balkans covers countries such as Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Kosovo.

Note that the $40 billion Southern Gas Corridor comprises the 16 Bcm/year BP-operated Shah Deniz 2 field offshore Azerbaijan, the expanded South Caucasus Pipeline via Georgia, the TANAP pipeline in Turkey and the 10 Bcm/year TAP link to Italy.

Mirsaid İbrahimzade

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