On March 5, IENE in co-operation with the Energy &Climate Change
Policy Centre (KEPA) of the University of Athens is organizing an ad hoc
afternoon colloquium to review latest developments in SE European gas markets
and the "Prospects for an Expanded South
Corridor”.
As a number of major infrastructure projects are
currently underway in SEE will soon be able to facilitate the introduction and further
use of natural gas in this broader geographical area, a discussion among
experts and policymakers is in order. John Roberts, a well-known international
energy security specialist and Senior Fellow of the Atlantic Council will lead
this discussion with the participation of energy experts and senior executives from
major energy companies.
A redefinition of the Southern Gas Corridor will be presented by mapping
all new potential gas supply sources and routes. The concept of an Expanded
South Corridor, which was first
broached by IENE in January 2015 (at the European Gas Conference in Vienna),will be introduced and defined as such, to include all major gas trunk
pipelines, LNG regasification terminals and UGS facilities which
will feed gas into the system which will then be directed towards the main
European markets. In addition, this expanded South Corridor with its multiple
gas entry points and linked underground gas storages and LNG facilities, will
provide the necessary gas quantities for the operation of regional gas trading
hub(s) thus strengthening the security of energy supply but also enhancing
regional gas trade. An issue for further discussion In the afternoon colloquium
will be the origin of gas volumes that are expected to flow through the
TANAP-TAP gas pipeline system in 2020, and beyond this date,apart from Azeri
gas.
In this afternoon colloquium, the important role of LNG will also be analysed because of its growing importance for the safe operation of gas networks in various countries and in view of its potentially crucial role in market development and competition. In this light, all ongoing and planned gas interconnection projects are examined together with the major cross-country gas pipelines currently under construction or in a development phase. In this context the key findings of IENE’s recently completed "Gas Supply in SE Europe and the Key Role of LNG” study will also be presented.