Southern Gas Corridor
The Southern Gas Corridor is a term used by the European Comission to describe planned infrastructure projects bringing gas from the Caspian and Middle Eastern sources to Europe, aimed at improving security of supply. These new gas pipelines will create a new and alternative gas supply corridor to Europe in addition to similar ones originating in Russia, Africa and the North Sea.
The Trans Adriatic Pipeline supports Europe in achieving its strategic goal of securing further gas supplies and meeting growing energy needs. TAP offers a realistic opportunity in the form of an alternative transportation route which will open the Southern Gas Corridor. It will be the shortest gas transit route of all the European pipeline projects currently being supported by the EU within the Southern Corridor.
Southern Gas Corridor will constitute one of the most complex gas value chains ever developed in the world, consisting of multiple separate energy projects with a total investment of approximately USD 45 billion.
It will include at least six separate components: the wells project in the Caspian Sea, the offshore facilities and platforms, expansion of the Sangachal Terminal, and then the three pipeline projects in Azerbaijan/Georgia (SCP), Turkey (TANAP) and Europe (TAP).