EU is interested in new gas fields in the Caspian Sea and Eastern Mediterranean region, Marosh Shefchovich, European Commission Vice President for Energy Union, said at the international exhibition Uzbekistan Oil & Gas 2016 in Tashkent on May 19, 2016.
He said the Caspian basin countries are an important base of oil and gas resources for the European Union member-states.
EC Vice President said the SGC project is aimed at supplying the European market with the gas resources from the Caspian Sea, Middle Asia and Near East.
Shefchovich said he has arrived in Tashkent from the Greek city of Salonica, where he has attended the ceremony of commencement of the TAP construction.
“We expect that delivery of 10 bcm of gas from the Caspian Sea region to Europe will begin in 2020,” Shefchovich said.
TAP is designed to export gas from the Azerbaijani Shah Deniz -2 to the EU member-states.
EU offers Uzbekistan its financial resources for the joint projects in the fuel-energy sector, Shefchovich said.