TANAP gas pipeline important to the whole region – Construction of interconnection between Bulgaria and Serbia to be completed by 2022
He reminded that the aim of TANAP was to deliver the natural gas produced at the two Shah Deniz gas fields in Azerbaijan and the Caspian Sea area to Turkey and Europe.
Along with the South Caucasus Pipeline and the Trans Adriatic Pipeline (TAP), the project makes up the Southern Gas Corridor, with a total capacity of 16 billion cubic meters a year, the competent ministry announced.
– This is very important for the entire region, as it enables a diversification of gas supply. New gas sources will make our entire region more secure and stable in terms of energy. It also provides additional gas supply sources through all those pipelines and LNG terminals of the region, especially the LNG terminal in Alexandroupolis – Antic said.
He said that it was certainly a good opportunity for Serbia as well, considering that two projects at the top of European and regional priorities were being developed.
– These are the Greece-Bulgaria interconnection and the Bulgaria-Serbia interconnection, that is, the Sofia-Dimitrovgrad-Nis gas pipeline. Those two interconnections link us to the Southern Gas Corridor and make it possible for Serbia, as well as B&H in the future, to expect gas from that direction – the minister said.
– We will complete those two interconnections by 2022, so this gas pipeline could be very competitive in our market already in 2023-2025, when the production of gas in Azerbaijan is expected to increase – Antic said.
The minister emphasized that Serbia should become an important partner in increasing the total energy safety of the entire region.
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