European Parliament backs Southern Gas Corridor
The Greens introduced the Motion for a Resolution considering that the majority of gas projects listed in the European Commission’s list of Projects of Common Interest (PCI) are incompatible with the commitments made under the Paris Agreement.
Krišjānis Kariņš, a Latvian MEPs who is the EPP’s spokesman in the Industry Committee, slammed the attempt of the “populist Greens and their followers” to block the PCIs. He stated it would have been “pure madness” to block the projects, and that opposition to the PCIs would mean scrapping the Commission’s proposal to invest €873 billion in key projects, many of which are not based on fossil fuels.
The Southern Gas Corridor is one of the priority projects for the EU and provides for the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.
At an initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan’s Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.
As part of the Shah Deniz Stage 2, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline (TANAP) and Trans-Adriatic Pipeline (TAP).