Article - August 2010 Issue

Heart of the Matter

Shah Deniz or bust?

We’ve read the press releases, sat through the bullish presentations and listened to visions of a non-Russian pipeline delivering “security of supply” to Europe. And now, with the fate of an estimated 10 Bcm/yr of Shah Deniz phase II gas about to be decided, the moment of reckoning has arrived for Europe’s fourth gas corridor.

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