ECONOMY


Penn Energy: Natural gas pipelines under construction will move gas from Azerbaijan to southern Europe

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Baku, October 15, AZERTAC

“Construction or preliminary work has begun on three new gas pipelines designed to flow new supplies of natural gas from Azerbaijan to consumers in Turkey, Bulgaria, Greece, and Italy. These three new or expanded pipelines would reach from Azerbaijan's eastern edge on the Caspian Sea to Italy's southeastern shore,” Penn Energy magazine has said in an article headlined ‘Natural gas pipelines under construction will move gas from Azerbaijan to southern Europe’.

“The South Caucasus Pipeline Expansion (SCPX), from Azerbaijan to the Georgia-Turkey border, began construction in Azerbaijan at the end of June. The Trans-Anatolian Natural Gas Pipeline (TANAP), from the Georgia-Turkey border to the Turkey-Greece border, officially started construction in March 2015, and the Trans Adriatic Pipeline (TAP), from the Turkey-Greece border to Italy, plans to start construction in 2016. SCPX and TANAP are scheduled to start operations by 2019 and TAP by 2020. Turkey and Italy have contracts to receive 0.6 billion cubic feet per day (Bcf/d) and 0.8 Bcf/d of natural gas, respectively, while Greece and Bulgaria each are contracted to take 0.1 Bcf/d,” says the article.

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