Turkmen gas is also needed to fill the SGC gas pipeline, - expert
10:22 04.08.2022 8851
- It is very difficult to fill the Southern Gas Corridor (SGC) with Azerbaijani gas alone; gas from Turkmenistan is also needed. - This was stated by Julian Bowden, a senior researcher at the Oxford Institute for Energy Studies (OIES), Trend reports.
“The Southern Gas Corridor is working well: it delivers gas to Southern Europe and Italy and helps the EU countries (Greece, Bulgaria and Italy) to improve the diversification of supplies,” the expert said.
Bowden also noted that the recently signed memorandum of understanding on energy between the European Commission and Azerbaijan provides for doubling the capacity of the SGC.
“Due to what sources of gas? If this is Azerbaijan, then commitments are needed for the Upstream sector. Filling the additional capacities of the Southern Gas Corridor by 2027 with only Azerbaijani gas looks very difficult. It is possible to connect Turkmen gas either through a swap from Iran or through the Trans-Caspian pipeline,” the expert added.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The President of Turkmenistan took part in the first Central Asia-EU Summit and the Samarkand International Climate Forum
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan, took part in the first Central Asia-European Union Summit and the Samarkand International Climate Forum on April 4, TDH reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.