Southern Gas Corridor

DEPA says Greece started receiving gas from TAP

Greece's state-controlled gas utility DEPA announced on Thursday that Greece started receiving natural gas from the Trans Adriatic Pipeline (TAP) after the completion of its construction in December.

DEPA signed a 25-year gas supply contract with TAP in 2013 for the supply of natural gas from the Shah Deniz field in Azerbaijan.

President Erdoğan hails benefits of TANAP pipeline

Turkey's President Recep Tayyip Erdoğan extolled the benefits of the Trans-Anatolia Natural Gas Pipeline Project in an article he wrote for the latest issue of The Diplomat magazine.

In the article "TANAP: Regional Development and Peace Project" published in collaboration with the New York Times, Erdoğan emphasized that TANAP is a regional peace project.

Minister of Energy Temenuzhka Petkova: Bulgaria is Integral Part of the Southern Gas Corridor

Our country is an integral part of the Southern Gas Corridor through the Greece-Bulgaria gas interconnector. The fourth gas corridor in Europe plays an important geostrategic role for the diversification of the gas supplies for Bulgaria and the region, this country's Minister of Energy Temenuzhka Petkova said, reported by BNR.

Turkey to launch TurkStream on January 8

Turkey will launch TurkStream natural gas pipeline next month, energy and natural resources minister said on Dec. 27.

"We will launch TurkStream on Jan. 8. We will be indispensable in international markets with natural gas pipelines coming from both the east and north," said Fatih Dönmez in a meeting in the northwestern Bilecik province.

TAP pipeline completed; trial op starts soon

The Greek section of the Trans-Adriatic Pipeline (TAP) transporting natural gas from Azerbaijan to Greece, Albania, Italy and points beyond in western Europe is ready and will begin trial operations in early December.

During this so-called commissioning phase, small volumes of natural gas will go through the pipeline to ensure commercial use is safe.

European Investment Bank to cease funding fossil fuel projects by end-2021

The European Investment Bank said on Thursday it would stop funding fossil fuel projects at the end of 2021, a landmark decision that potentially deals a blow to billions of dollars of gas projects in the pipeline.

The bank's new energy lending policy, which it said was approved with "overwhelming" support, will bar most fossil fuel projects, including traditional use of natural gas.

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