Southern Gas Corridor Made Bringing Caspian Gas to European Markets a Reality: Maroš Šefčovič
Maroš Šefčovič, Vice President of the European Commission, in charge of Energy Union, at the 516th Plenary Session of European Economic and Social Committee stated, that Southern Gas Corridor project has brought into life the idea of bringing Caspian gas to Europe.
Speech by Šefčovič has been published on the website of the European Commission.
In his words, “The Southern Gas Corridor is one of the biggest construction projects of our time, aimed to bring Caspian, Central Asian and Middle Eastern gas resources to the European markets. ”
“For years bringing Caspian gas to European markets was merely a subject for discussions and debate. Today it is a reality with contracts in place for more than 10 billion USD and concrete construction work ongoing in Azerbaijan, Georgia and Turkey. We expect to start receiving this gas by 2020,” he said.
