Southern Gas Corridor project holds promise for EU energy security
The European Union’s Southern Gas Corridor project is entering a critical phase. This energy highway is meant to bring natural gas from the Caspian Sea and the Middle East to Europe, but its success is threatened by low gas prices and a muddled approach from governments in the region. Russia’s Turkish Stream project, if it materialises, could also thwart the initiative. However, if squabbles can be overcome and the project is completed, it will significantly diversify gas supply to Southeast Europe and enhance the region’s geopolitical importance.
The EU’s ‘energy union’ initiative, which is aimed at reducing the bloc’s dependence on Russian gas imports, is gaining ground. Two big rea...
- 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 possible effects of current decisions.