Expansion of the “Southern Gas Corridor” may contribute to further diversification of gas supplies - European Commissioner

15:12 10.07.2020 7218

https://www.oilgas.gov.tm/storage/posts/193/original-15f07031eaa2f6.jpeg

The expansion of the “Southern Gas Corridor” (SGC) may contribute to further diversification of gas supplies, but this will depend on market demand. European Commissioner for Energy Kadri Simson said this, Trend reports.Simson noted that the “Southern Gas Corridor” is an important project to diversify energy supplies to EU countries. “A corridor will soon open and gas will be transported from the Caspian Sea to the EU. The project provides for the supply of gas from a new source. This will increase the security of gas supplies in our region,” the European Commissioner added.The “Southern Gas Corridor” provides for the creation of a pipeline infrastructure for the transportation of Azerbaijani gas from the development of the “Shah Deniz-2” field through Turkey to Europe at the first stage. Azerbaijani gas deliveries to Europe are expected from October 2020 in the amount of 10 billion cubic meters.It is worth noting that the further expansion of the “Southern Gas Corridor” provides for the connection of other gas sources in the Caspian region. One of the promising countries is Turkmenistan, which is one of the three world leaders in terms of natural gas reserves. To join the “SGC” system, the construction project of the Transcapian gas pipeline is discussed, the capacity of which can be from 10 to 30 billion cubic meters per year.

Other articles
167b96bb6d5f99.jpg
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres

The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.


162e8c6614ee41.jpeg
Dynamic development of national investments is carried out at the fields of Turkmenistan

Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.


162e8c606011ad.jpeg
Products of oil refineries were sold at the auction

Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.


167b96bf753c04.jpg
UAE President invited to Ashgabat for International Forum of Peace and Trust

Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov extended an invitation to UAE President Sheikh Mohammed bin Zayed Al Nahyan to attend the International Forum of Peace and Trust, which will be held on December 12 in Ashgabat, TDH reports.


167bc28629fe9b.jpg
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan

The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.