Shah Deniz 2 gas kickstarts southern corridor project
The pipeline network joining the Caspian to Europe isn’t finished yet, but the gas is, at least, now flowing part of the way
The pieces of the jigsaw are gradually slotting into place for gas supply to Europe via the 3,500km Southern Gas Corridor (SGC) pipeline project. Commercial gas deliveries to Turkey via the Trans Anatolian Pipeline (Tanap) have started up, supplied by feedstock from Phase 2 of BP's Shah Deniz project in the Azeri section of the Caspian Sea. The start-up of supply from the $28bn Shah Deniz 2 project is a feather in the cap for both BP and Socar, the Azeri state energy company. It's been achieved on time and within budget, enhancing Azerbaijan's reputation as a place the oil industry can operate successfully. Once working at maximum output, Phase 2 is expected to add 16bn cubic metres a year o
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






