Tag Archives: Southern Gas Corridor

Since the start of the year, wholesale gas prices in Europe have risen by 250 percent. The record-high prices in Europe are driven by increased demand (due to the wider economic recovery and weather-related factors), competition with Asia for LNG, and a limited supply response from Gazprom, Europe’s largest supplier, …

Southern Gas Corridor, the European Commission’s project to take Caspian Sea gas to Europe, was officially completed last month, securing Azerbaijan’s position as a reliable energy provider to Western countries. The Southern Gas Corridor is expected to strengthen regional stability, as well as economic, political and geostrategic cooperation. The project …

The Southern Gas Corridor (SGC) is the successful result of years of hard work, Azerbaijani expert-economist Eldaniz Amirov told Trend. According to Amirov, the 7-th meeting of the SGC Advisory Council, held on Feb. 12 through videoconference, was of great importance, as it was the first such meeting after the …

The Southern Gas Corridor, which will supply Caspian gas to Europe via Turkey, will turn Azerbaijan and Turkey into a strategic energy corridor, Murat Akan, international trade operation specialist in Turkey, told Trend. “Natural gas has entered its golden age, because it has gained geopolitical importance and has become a constant …

Falling oil prices have increased consumer interest in carbon-fuel resources. Although humanity continues to invest in the development of alternative and renewable energy sources, oil and gas will remain popular for the next twenty years. This is the main thesis of an energy survey by company BP for 2035.