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