Energy: The Eurasian pipeline competition enters a new and critical phase
A deal between Azerbaijan and Turkey to build a Trans-Anatolia gas pipeline (TANAP) has thrown the competition for the pipeline contract to pump Azeri gas to Europe into a new and more uncertain phase. This is the first of three articles which examines the prospects of success for all the bids, and the geopolitical implications for the EU and regional states.
THE Shah Deniz gas field in Azerbaijan is estimated to have 1.2 trillion cubic metres (tcm) of gas reserves. It is the country’s largest gas field and a massive source of energy which Europe is eager to buy because of its need to diversify gas imports and decrease reliance on imported gas from Russia.
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.