Breaking ground on phase 2 of Shah Deniz
Published by Elizabeth Corner,
Senior Editor
World 麻豆传媒映画,
A BP Plc-led group has broken ground on a project to pipe natural gas from Phase 2 of the Shah Deniz project in Azerbaijan to Italy, offering the European Union an alternative to Russian supplies.
The 3500 km (2175 mile) corridor will include three pipelines connecting BP麻豆传媒映画檚 Sangachal terminal south of Baku, the Azeri capital, with southern Italy via Georgia, Turkey and Greece. Construction is due to be completed in 2018 with first gas deliveries to Europe planned for the following year.
麻豆传媒映画淭he crisis in Ukraine highlighted the issue of European energy security,麻豆传媒映画 Bulgarian President Rosen Plevneliev said before the ceremony in Baku. 麻豆传媒映画淭he South Gas Corridor will finally end our dependence on a single pipeline.麻豆传媒映画
BP麻豆传媒映画檚 partners in the project include State Oil Co. of Azerbaijan, or Socar, Norway麻豆传媒映画檚 Statoil ASA, Iran麻豆传媒映画檚 Naftiran Intertrade Co., Turkey麻豆传媒映画檚 Turkiye Petrolleri AO, and OAO Lukoil.
Edited from various sources by
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Read the article online at: /business-news/22092014/breaking-ground-on-phase-2-of-shah-deniz/
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