26 April 2024
Shah Deniz consortium “keeping options open” for European pipeline
Publication date: 27 September 2011
Gas Strategies Group
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The consortium of companies developing the second phase of the giant Shah Deniz gas field in the Caspian Sea is examining a fourth option for gas exports to Europe beyond the three competing Southern Corridor pipeline projects Nabucco, ITGI and TAP. Shah Deniz operator BP is “excited” by a fourth option of a pipeline taking gas to growth countries Romania, Hungary, Bulgaria and Croatia, to ensure that Shah Deniz gas has “sufficient market”.