Southern Gas Corridor

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 TAP buys DESFA’s share

The fact that the consortium for construction of the Trans Adriatic Pipeline (TAP) won the tender of Greece's gas grid operator DESFA will strengthen the positions of TAP and the Southern Gas Corridor projects a route for the supply of …

EBRD to finance project linking SGC and Western Europe

The European Bank for Reconstruction and Development (EBRD) will provide 60 million euros loan for the construction of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA), EBRD said. According to the statement, BRUA …

EIB approves loan for TAP gas pipeline

The European Investment Bank approved a 1.5 billion euro loan for the Trans-Adriatic Pipeline (TAP), part of a $40 billion project to bring new gas supplies to Europe. The European Union is trying to reduce its dependence on Russian gas …

Maros Sefcovic to visit Baku

European Commission Vice-President for Energy Union Maros Sefcovic will visit Baku, the European Commission said. Sefcovic will take part in the upcoming meeting of the Southern Gas Corridor Consultative Council to be …

New horizons of Baku-Almaty gas cooperation

Kazakhstan's idea to supply liquefied natural gas (LNG) to Europe through the territory of Azerbaijan can be realized by using the capabilities of the Baku-Tbilisi-Kars railway or already existing and constructed facilities within the …

Southern Gas Corridor projects in third list of PCIs

Southern Gas Corridor projects are in the third list of the Projects of Common Interest (PCI), released by the European Commission, Trend reports. Gas pipeline to the EU from Turkmenistan and Azerbaijan, via Georgia and Turkey, …

BSTDB ready to finance Southern Gas Corridor

The Black Sea Trade and Development Bank (BSTDB) is interested in financing the Southern Gas Corridor project, BSTDB President Ihsan Ugur Delikanli said at an event dedicated to presentation of the bank’s opportunities for …