ECONOMY
Southern Gas Corridor ‘very important’ to Europe
Baku, December 24, AZERTAC
Former US Ambassador to Azerbaijan Founder Director of the Global Energy Center at the Atlantic Council. Richard Morningstar has stressed the importance of the Southern Gas Corridor. In an interview with naturalgaseurope.com, he says Azerbaijan has succeeded over the last 20 years despite its location, for one via the realization of the Baku–Tbilisi–Ceyhan (BTC) oil pipeline running from Azerbaijan to Turkey. Meanwhile, notes Ambassador Morningstar, the Southern Corridor is in progress, and will eventually deliver gas to Turkey and eventually to Europe. “The Southern Corridor will be important for gas. One must remember that at first it will only deliver 10 billion cubic meters (bcm)/year that will go on to Europe; there will be an additional 6 bcm/annum that goes to Turkey.”
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Iran sanctions: US and UK extend measures against Tehran
- 18.04.2024 [20:59]
Dubai Food Festival 2024 set to begin April 19
- 18.04.2024 [19:22]
Google fires 28 employees for protesting Israel cloud deal
- 18.04.2024 [19:08]
® Azercell participates in ADA Employability Week
- 18.04.2024 [18:52]
New Caledonian Congress member thanks Azerbaijan for support
- 18.04.2024 [18:26]
Azerbaijan, Türkiye discuss prospect for agricultural cooperation
- 18.04.2024 [18:15]
Turkish minister: Baku-hosted COP29 session is important for entire world
- 18.04.2024 [17:53]
SpaceX launches 23 Starlink satellites into space
- 18.04.2024 [16:43]
Azerbaijani judo referee to officiate at Paris 2024 Paralympic Games
- 18.04.2024 [16:32]
® Azercell hosts the GSMA M360 Eurasia in Baku for the second time
- 18.04.2024 [16:23]
New Caledonian delegation visits Baku Initiative Group office
- 18.04.2024 [16:14]
The Last Caravaggio review – a gripping and murderously dark finale
- 18.04.2024 [15:29]
Azerbaijan, Ukraine discuss COP29-related issues
- 18.04.2024 [14:38]
The Oslo Statement creates new challenges on people development
- 18.04.2024 [14:18]
71 killed, 67 injured in rain-related accidents in Pakistan
- 18.04.2024 [14:16]
Azerbaijan, Pakistan discuss educational cooperation
- 18.04.2024 [14:04]
Azerbaijani military pilots professionally conduct training flights VIDEO
- 18.04.2024 [13:44]
Azerbaijan’s Energy Minister embarks on visit to US
- 18.04.2024 [13:20]
Azerbaijan to promote its culture in Spain
- 18.04.2024 [12:43]
Fenerbahce to host Olympiacos in Conference League quarterfinal 2nd leg
- 18.04.2024 [12:36]
Two Azerbaijani gymnasts into final of FIG Apparatus World Cup
- 18.04.2024 [12:34]
Azerbaijan, EBRD discuss green energy partnership in Abu Dhabi
- 18.04.2024 [12:12]
New Caledonian delegation visits Heydar Aliyev Center VIDEO
- 18.04.2024 [11:40]
Oil prices go up in global markets
- 18.04.2024 [10:58]
U.S. Department of State responds to AZERTAC's inquiry
- 18.04.2024 [10:56]
Azerbaijani oil price declines in global markets
- 18.04.2024 [10:33]
Bayern Munich, Real Madrid advance to UEFA Champions League semifinal
- 18.04.2024 [09:56]
Azerbaijan names 18 boxers for European Championships in Belgrade
- 17.04.2024 [20:42]
® Kapital Bank OJSC's bonds placed at Baku Stock Exchange
- 17.04.2024 [20:10]
AZAL and DFS Aviation Services agree to modernize Lachin Airport
- 17.04.2024 [19:40]
New Caledonian delegation visits NAM Youth Organization’s headquarters VIDEO
- 17.04.2024 [18:03]
Submissions open for 2nd Silk Road Global News Awards
- 17.04.2024 [17:37]
‘New Caledonian people highly appreciate Azerbaijan’s support’
- 17.04.2024 [17:30]
Former No. 1 pick Blake Griffin retires after 14 seasons
- 17.04.2024 [16:58]
‘Revenues from Azerbaijan’s transport sector increased by 15 per cent’
- 17.04.2024 [16:42]
Around 40 new epidemics recorded each year in West African sub-region
- 17.04.2024 [16:15]
Azerbaijani pool player claims European championship title
- 17.04.2024 [16:14]
UK lawmakers vote to approve plans to ban smoking for those born after 2009
- 17.04.2024 [16:00]
UAE ready to support Azerbaijan during its presidency of COP29
- 17.04.2024 [15:45]
71 killed, 67 injured in rain-related accidents in Pakistan
- 17.04.2024 [15:24]
Azerbaijani ambassador presents his credentials to President of Portugal
- 17.04.2024 [15:08]
UNEC included in same group as world universities in international ranking
- 17.04.2024 [14:53]
® “Her Action in Art” festival: celebrating women's contributions in art
- 17.04.2024 [14:10]
Honda to launch next-generation EVs in China by 2027
- 17.04.2024 [12:05]
Researchers in Australia identify 3 new species of extinct kangaroos
- 17.04.2024 [12:04]
Azerbaijan, EU discuss current state and prospects for developing relations
- 17.04.2024 [11:47]
Antibiotics aren't effective for most lower tract respiratory infections
- 17.04.2024 [11:17]
Japan probes Google antitrust allegation concerning ad services
- 17.04.2024 [11:11]
Azerbaijani oil price exceeds 93 dollars
- 17.04.2024 [11:08]
Global oil prices drop
- 17.04.2024 [11:08]
Trump trial gets underway in New York with jury selection in historic case
- 16.04.2024 [21:16]
Release of the Press Service of the President
- 16.04.2024 [21:12]
Tree-planting campaign held in Baku
- 16.04.2024 [20:51]
Baku presents official poster of ISSF World Cup
- 16.04.2024 [20:12]
World Bank welcomes “ASAN service" concept
- 16.04.2024 [20:10]
US NSA Jake Sullivan postpones India visit amid Middle East crisis
- 16.04.2024 [18:35]
Coral reefs hit by fourth global bleaching event
- 16.04.2024 [17:28]
bp begins oil production from major new platform offshore Azerbaijan
- 16.04.2024 [16:20]
Azerbaijan exports 67.600 tons of petroleum coke in Q1 2024
- 16.04.2024 [16:08]
Mexico City records record-high temperature of 34.2C
- 16.04.2024 [16:06]