Caspian Policy Center
  • Search
  • Menu Canvas
    • Home
    • About Us
      • Advisory Board
      • Staff
      • Careers
      • Contact
      • Get Involved
    • Caspian Affairs Magazine
    • Events
      • Upcoming Events
        • Contract of the Century: Building on 25 Years of Success
    • Research
Caspian Policy Center
  • Home
  • About Us
    • Advisory Board
    • Staff
    • Careers
    • Contact
    • Get Involved
  • Caspian Affairs Magazine
  • Research
    • Energy and Economy Program (EEP)
    • Security and Politics Program (SPP)
    • Media Highlights of the Week
  • Events
  • face
  • twiter
  • Youtube

White House: SGC provides new hope for stability

Homepage News White House: SGC provides new hope for stability
News

White House: SGC provides new hope for stability

November 16, 2016
By Caspian Policy Center
0 Comment
427 Views

Baku, Azerbaijan, Nov.15

By Leman Zeynalova – Trend:

The Southern Gas Corridor provides new hope and opportunity for stability and prosperity, said the statement released on the website of the White House Nov.15.

“As Greece moves forward on the path to economic recovery, the United States will advocate policies to promote and foster economic growth and further opportunities for US investment,” said the statement.

To further these goals, the United States has pledged its support for energy diversification in Greece through the Trans-Adriatic Pipeline and Greece-Bulgaria Interconnector, which reduce Europe’s dependence on Russian gas and strengthen energy security across the region, according to the White House.

The Southern Gas Corridor is one of the priority energy projects for the EU. It envisages the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian Sea region to the European countries through Georgia and Turkey.

At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan’s Shah Deniz field is considered as the main source for the Southern Gas Corridor project. Other sources can also join this project at a later stage.

As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of TANAP and TAP.

SOURCE: Trend.az

Article by Caspian Policy Center Caspian Policy Center


Previous Story
Russia and Armenia to Create Joint Military Forces
Next Story
Legal status of Caspian Sea to be discussed in Ashgabat

Related Articles

Media Highlights of the Week-February 22

Energy and Economy Kazakhstan Opened a 20MW Capacity Solar Power...

Media Highlights of the Week- February 15

Energy and Economy Baku Hosts 7th Southern Gas Corridor Advisory...

Popular Posts

  • Mutual Friends: Azerbaijan Seeks to Promote Reconciliation Between Israel and Turkey Thursday, 24, Dec
  • Media Highlights of the Week Tuesday, 22, Dec
  • Afghanistan’s Meticulous Balancing Act Between Indian Assistance and Pakistani Relations Wednesday, 24, Feb
  • PRESS RELEASE: Caspian Policy Center Holds Discussion on the Completion of the Southern Gas Corridor and Future of the Energy Market in the Greater Caspian Region Wednesday, 27, Jan
  • United States, Kazakhstan, and Uzbekistan Launch New Investment Initiative Monday, 11, Jan

Twitter Accounts

Efgan Nifti    Follow @enifti

Caspian Policy Center logo

Sign up to our newsletter and follow us on social media

Caspian Policy Center - Copyright 2019.
Caspian Policy Center © 2021
SearchPostsLogin
Wednesday, 24, Feb
Afghanistan’s Meticulous Balancing Act Between Indian Assistance and Pakistani Relations
Tuesday, 23, Feb
Blinkin and Lavrov Hold First Meeting: Implications for the Caspian Region
Monday, 22, Feb
Media Highlights of the Week-February 22
Wednesday, 17, Feb
Media Highlights of the Week- February 15
Monday, 15, Feb
Saudi Arabia Brings Energy Investment to Uzbekistan
Tuesday, 9, Feb
Further Advancing Energy Security in Europe via the Southern Gas Corridor

Welcome back,