‘Furthermore, any new discoveries that may happen in the Caspian will now automatically have a transit route and, if needed, we can expand existing capacity further by adding more compressor stations. What this means now is that gas discoveries in the Caspian will be advantaged as a result of the investment into the infrastructure’, he said.
Answering the question ‘Relative to the energy needs of Europe, how effective is the expansion of this Southern Gas corridor to providing the continent with an alternative to Russian gas?’, BP’s Regional President said, ‘It is all relative. Right now, these changes will see 10bcm headed into Europe, but the pipeline has the capacity to double that to 20bcm. While it is relatively small compared to the big picture, the point is that it creates that opportunity for diversity which is so important.’