The Southern Gas Corridor that was completed in October 2020, increased Azerbaijan’s access to European markets, says the US Energy Information Administration (EIA), Report informs.
The EIA noted that the country has seen the gas production increase which was driven by the second phase of development of the Shah Deniz natural gas and condensate field: “In the first half of 2021, total Shah Deniz production doubled to around 350 bcf of natural gas.”
The administration also clarified that in order to facilitate the export of the increased production at the Shah Deniz field, several international natural gas pipelines were constructed, collectively referred to as Azerbaijan’s Southern Gas Corridor.
The Southern Gas Corridor was built in order to diversify the European Union’s (EU) natural gas supply and reduce the number of EU countries that have a single supply source.
EIA also noted the importance of the first section of the Southern Gas Corridor’s – South Caucasus Pipeline (SCP) connects to the Trans-Anatolian Natural Gas Pipeline (TANAP). Meanwhile, TANAP connects to the Trans Adriatic Pipeline (TAP) at the Turkey-Greece border.
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