These LNG projects and interconnection lines are expected to work hand-in-hand to supplement the gas deliveries of the SGC. The SGC also offers the prospect of “potential additional suppliers of natural gas to use the Southern Gas Corridor to further diversify natural gas supplies to Europe and to other countries; and encourage discussions to ship additional gas supplies to Europe” according to theSGC is hailed as a crucial project to diversify the EU’s gas supply.
Due to tariff costs and the wholesale gas price drops sweeping through Europe for the past year or so, the SGC’s penetration into Western Europe and even into Italy may be challenging, leaving the Russian gas as the usual dominant player in the region.... [+] station of the Nord Stream 2 Baltic Sea pipeline, where six and a half million cubic meters of natural gas per hour are to be processed and delivered to downstream pipelines at the right pressure. Originally, the pipeline for natural gas from Russia was scheduled to come on stream at the end of 2019. Almost eight billion euros have already been invested in the pipeline.
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