The Caspian basin has attracted much international attention due to its riches in natural gas. The Southern Gas Corridor, the ambitious undertaking to connect the South Caucasus Pipeline (SCP), the Trans Anatolian Pipeline (TANAP) and the Trans Adriatic Pipeline (TAP), will transport gas over a 3,500 kilometre journey from the Caspian Sea into Europe. This project is one of the most complex gas value chains ever developed as it involves cooperation among multiple key players, including seven governments and 11 companies, and requires massive investment to enhance existing and develop new critical infrastructure. Upon completion, the Southern Gas Corridor could change the energy map of an entire region.
- Is the project on track to deliver gas to Europe as of 2018?
- What are the key regional benefits beyond profits of the South Corridor project for Central Asia?
- How important is the supply potential for Europe?
- What are early lessons from this project and how can the region’s governments and key stakeholders work together to further enhance regional integration?