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Georgia sees no alternative to Southern Gas Corridor project

Wednesday, September 30
Georgia does not see any alternative to the Southern Gas Corridor project, David Oniani, advisor for strategic planning at Georgian Oil and Gas Corporation (GOGC) said.

He made the remarks addressing the 3rd Azerbaijan and Caspian Sea Oil and Gas Week 2015 in Baku Sept.29.

This project is the only way forward, only development scenario, where Georgia can realize its transit potential and become important regional and global energy player, said Oniani.

He said the benefits from the Southern Gas Corridor project are multiple, adding that it will benefit not only the countries involved, but the whole region.

The Southern Gas Corridor is one of the priority energy projects for EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.

At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijanís Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.

As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline. (Trend.az)