Independent and cutting-edge analysis on Turkey and its neighborhood

The EU’s long term goal regarding energy security is to become independent from one single gas supplier, increasing competition by having diverse energy suppliers. For these reasons, the EU promotes the Southern Gas Corridor, a strategically important gas value-chain passing through Azerbaijan, Georgia, Turkey, Greece, and Albania, linking Caspian gas to Europe. The selection of the Trans Adriatic Pipeline (TAP) by the Shah Deniz Consortium last year was an important step in completing this chain by adding a reliable and expandable gas transportation link from the Greek-Turkish border into Europe. In addition to transporting gas to Europe, TAP will facilitate the gas infrastructure development of the Southeastern European countries, so that they can gain access to alternative sources of gas.

 

CONTRIBUTOR
Michael Hoffmann
Michael HoffmannMichael Hoffmann is External Affairs Director of the Trans Adriatic Pipeline (TAP).
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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