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.”
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