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There is enough natural gas in Caspian region to justify construction of the major pipelines and other elements of infrastructure to connect gas fields in Turkmenistan, Kazakhstan, Uzbekistan and Azerbaijan to Europe. The region can supply aggregate of up to 60 billion cubic meters of natural gas every year, allowing countries of Central and Eastern Europe to reduce their dependency on Russian gas and increase competition and diversity in European markets in general. However, recent political and strategic developments in and around the region, as well as global political and economic realities will not allow implementation of the large scale infrastructure projects any time soon. This article argues that the Southern Gas Corridor will be developing at a slower pace, through small scale interconnector projects such as those connecting Turkey with Greece and Greece with other neighbors.

 
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Mamuka Tsereteli
Mamuka Tsereteli
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Foreword After the violent dissolution of the former Yugoslavia in the 1990s, there had been a shared sense of hope for a more peaceful future for the European continent. Unfortunately, this comfortability disappeared after Russian President Vladimir Putin ordered his troops to march against the Ukrainian forces throughout the border on 24 February 2022. This marked a turning point not only for the region...
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