ENGINEERINGNET.EU -- This was officially announced this week during a meeting between representatives of Azerbaijan and BP, the Operator of Shah Deniz.
The project will bring gas from the Caspian Sea to markets in Turkey and Europe, opening up the 'Southern Gas Corridor'.
Achieving this important milestone allows the consortium to maintain its target for first gas exports around the end of 2017.
The project is set to produce 16 billion cubic metres of gas per year. The entry into the FEED stage represents the start of a key phase in the project during which engineering studies will be refined, further wells will be drilled, commercial agreements will be finalised and key construction contracts will commence.
To carry gas from Shah Deniz into Europe, 3 options are being considered: the Trans Adriatic Pipeline (TAP) with a route to Italy; Nabucco West taking gas from Turkish-European border through Eastern Europe to the West and the South East Europe Pipeline (SEEP) taking gas through Hungary, Bulgaria and Romania.
The consortium states it will make a final route selection in 2013.
(picture: BP)
