(MENAFN- AzerNews)
By Ayya Lmahamad
More and more countries are interested in buying gas from the
Southern Gas Corridor pipeline, Azerbaijani State Oil Company
Vice-President for Investments and Marketing Elshad Nasirov told
the 27th Baku energy Forum, Azernews reports.
'Currently, it is planned to increase its [the pipeline's]
throughput capacity, and at the same time, to increase gas output
in the country,' he said.
He added that the commissioning of the SGC allowed Azerbaijan to
strengthen its role as an exporter of Natural gas in the energy
market.
TAP possesses all technical capabilities for
expansion
Speaking at the forum, TAP's Managing Director Luca Schieppati
stated that the pipeline has all the technical capabilities for
expansion.
He added that the TAP infrastructure is ready for energy
efficiency and the transition to green energy.
'Thanks to TAP, it has become possible to provide the market
with a higher level of liquidity against the backdrop of
unprecedented high energy prices,” he opined.
Trans-Caspian gas pipeline
Trans-Caspian Resources energy startup co-founder and co-head
Allan Mustard emphasized that the Trans-Caspian gas pipeline
project will open up an opportunity for Turkmen gas to reach the
countries of the South Caucasus.
Noting that this pipeline will allow delivering an additional
9-12bn cubic meters of gas per year, he added that the project
could be completed within four months. In addition, he stated that
this project could also contribute to accelerating the process of
reducing emissions.
'Turkmen gas will benefit not only Azerbaijan but also other
regional countries,' he said.
Additionally, Oxford Institute for Energy Studies senior
researcher Gulmira Rzayeva stated that there is a way to increase
the supply of Turkmen gas to Turkey within swap operations. In this
context, she added that Azerbaijan buys gas from Turkmenistan for
local consumption.
'We see the possibility of increasing gas production in
Turkmenistan, Turkey, and Azerbaijan, as well as the potential for
increasing gas exports to the EU market,' she said.
--
Ayya Lmahamad is AzerNews' staff journalist; follow her on
Twitter: @AyyaLmahamad
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