The European Union–backed Southern Gas Corridor (SGC) project continues to gain traction against the Moscow-led Turkish Stream natural gas pipeline initiative. The game-changer in the Euro-Russian “battle” for pipelines and energy hubs could be the participation of the major oil and gas producers Iran and Turkmenistan in the planned European energy infrastructure scheme (Trend.az, July 26). In this fast-changing scenario, Italy may be prompted to expand its engagement in the SGC and sacrifice part of its long-standing business cooperation with Russia.
The SGC is a system of pipelines projected to connect gas fields in Azerbaijan to Southern Italy via Georgia, Turkey, …read more
Source: The Jamestown Foundation