Energy Transport in the South Caucasus
The geopolitical environment of the Southern Gas Corridor
The Southern Gas Corridor was conceived to help diversify the EU’s access to natural gas, reducing dependence on Russian supply and tapping other resources in the Caspian region and Middle East. While the potential is enormous, only Azerbaijan is currently contributing. For years, the EU has favored the Nabucco project, but participating firms have in fact chosen the smaller Trans Adriatic Pipeline – a choice that reveals the limits of political influence on complex and expensive investments.
DGAPkompakt 2, January 31, 2014, 5 pp.