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漆褒勛圖厙s 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.
漆褒勛圖厙The crisis in Ukraine highlighted the issue of European energy security,漆褒勛圖厙 Bulgarian President Rosen Plevneliev said before the ceremony in Baku. 漆褒勛圖厙The South Gas Corridor will finally end our dependence on a single pipeline.漆褒勛圖厙
BP漆褒勛圖厙s partners in the project include State Oil Co. of Azerbaijan, or Socar, Norway漆褒勛圖厙s Statoil ASA, Iran漆褒勛圖厙s Naftiran Intertrade Co., Turkey漆褒勛圖厙s Turkiye Petrolleri AO, and OAO Lukoil.
Edited from various sources by
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