Italy Moves To Open EU Gas Through Azerbaijan The Iran Link

Posted: April 30, 2015 in Econ 101, Free Trade, Technology and Energy

As we published here last year Iran gas will be moved through Azerbaijan as Iran is already a Western [Masonic] business partner


SEE ALSO:  Iran Is Already A Western Business Partner

SEE ALSO:  Iran In Talks With E.U. Countries On Nat Gas Infrastructure


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Italy Approves TAP

April 30, 2015

The Italian government has approved the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani Shah Deniz-2 gas to Europe, Reuters reported citing Puglia regional governor Nichi Vendola.

Vendola told reporters that the government had overruled objections from his regional government, which had opposed allowing a landing point near the town of Melendugno for environmental reasons.

“Cabinet has approved the TAP project with a landing point at Melendugno,” Vendola said.

The TAP project was selected by the consortium of Azerbaijani Shah Deniz field development as the transportation route to the European markets. The approximately 870 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) near the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP’s shareholding is comprised of BP (20 percent), SOCAR (20 percent), Statoil (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (five percent).

Construction of TAP is planned to begin in 2016. The initial capacity of TAP will be 10 billion cubic meters per year, but it can easily be expanded to 20 billion cubic meters per year as the new volumes of gas come on stream.

The first sales of Azerbaijani gas to Georgia and Turkey are targeted for late 2018, first deliveries to Europe will follow approximately a year later.

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Azerbaijan as gas mediator between Iran and Europe

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13 November 2014

By Seymur Aliyev

Gradual change of the West’s attitude towards Iran opens new perspectives of cooperation, firstly, in economical area, for this country. For development of this cooperation, Tehran needs reliable partners which have close relations with Europe, which is more liberal towards Islamic Republic, and can be mediators in resuming and expanding of trade and economic ties.

Azerbaijan, which has proven itself as a reliable partner, can be one of such mediators. It is also confirmed by the statement of Iranian President Hassan Rouhani made during his visit to Baku. He said, that Iran can unite with Europe with Azerbaijan’s help.

Today Iran with nearly 34 trillion cubic meters holds the first place of natural gas reserves in the world. And, as in every energy resources-rich country, hydrocarbons are one of the main income resources and they form economy.

Before sanctions were imposed Iran had been considered as one of the main natural gas providers to Europe, and after their cancellation this issue has become relevant again.

No one better than Azerbaijan can help Iran in this issue. Baku, being an initiator of Southern Gas Corridor, through which Azerbaijani gas will go to Europe, personally taking part in creation of necessary infrastructure, is already realizing a project of passing gas from new reserves to Europe. Iran can be one of these resources with its huge gas supplies.

Tehran would only need to build a pipeline to connect with the existing gas infrastructure.

In spite of early statements of the EU about rejection of Iranian gas, consumption growth, desire to reduce dependency from Russia and searches of new supplies can open European market for Iran – something that Iran just might be interested by itself.

While Iran has considered many other projects on providing Asian countries with gas, they virtually were never realized.

Today it is necessary for Iran to find a common ground with Europe, also through cooperative partners like Azerbaijan.

SOURCE: http://www.azernews.az/analysis/73176.html

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