Etiket arxivi: Western Balkans SGC

Ionian-Adriatic Pipeline: A Priority Gas Transit Project for Azerbaijan and the Western Balkans

Workers starting to install the first pipe of the Trans Adriatic Pipeline near Fier, Albania, September 30, 2016. Albania is also hoping to participate in the Ionian-Adriatic Pipeline. Both projects aim to diversify EU gas supplies as part of the Southern Gas Corridor (Photo Credit: New Europe)
Workers starting to install the first pipe of the Trans Adriatic Pipeline near Fier, Albania, as part of the Southern Gas Corridor. September 30, 2016 (Photo Credit: New Europe)
Publication: Eurasia Daily Monitor Volume: 15 Issue: 119

The Azerbaijani State Oil Company (SOCAR) announced, on July 27, the formation of a new corporate entity that will oversee the future development of the Ionian-Adriatic Pipeline (IAP) project. The proposed pipeline is designed to deliver Azerbaijani natural gas to Europe—namely to the Balkan region. According to Murad Heydarov, the head of the subsidiary SOCAR Balkan, the announced firm will be set up by the end of this year (AzerNews, Trend, July 27). Although, SOCAR is not a stakeholder in the IAP project, it acts as a technical consultant and manages the future design of the pipeline between the Albanian cities of Fier and Vlora. This project will represent the first time that SOCAR will undertake engineering services in the Western Balkans. Oxumağa davam et Ionian-Adriatic Pipeline: A Priority Gas Transit Project for Azerbaijan and the Western Balkans