Let The Azeri Gas Race Begin


The consortium behind the Shah Deniz natural gas field in Azerbaijan announced this week it was ready to move ahead with Front End Engineering and Design. That means the consortium is getting ready to pick a transit network to carry natural gas from Azerbaijan through Turkey and onto European markets. European energy officials, at least since 2009, have been waiting for saviors in Baku to come to their rescue to ease the Russian grip on the energy sector. While the race is officially on for the so-called Southern Corridor, there's still a full…

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