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The Southern Corridor John Baldwin. 22 Growing demand for gas Global energy supply Source:BP Energy Outlook 2030 Global energy demand 1990200020102030.

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Presentation on theme: "The Southern Corridor John Baldwin. 22 Growing demand for gas Global energy supply Source:BP Energy Outlook 2030 Global energy demand 1990200020102030."— Presentation transcript:

1 The Southern Corridor John Baldwin

2 22 Growing demand for gas Global energy supply Source:BP Energy Outlook 2030 Global energy demand % 10% 20% 30% 40% 50% 2020 Oil Coal Gas Hydro Nuclear Renewables Billion toe Non-OECD OECD

3 33 Europe: dependence on imports European gas demandEuropean gas suppliers Source:CERASource: BP Energy Outlook 2030 Southern Corridor bcma Italy Turkey SE Europe bcma LNG Algeria/Libya Russia Domestic production United Kingdom Germany France Netherlands Spain Other Europe

4 44 South Caspian basin: gas fields and prospects Babek Shafag Asiman Absheron Shah Deniz ACG (oil) ACG Deep (gas) Umid Shah Deniz Deep

5 Scope of Shah Deniz 5 To European markets Contracts to sell gas to Turkey and Europe 16 bcma additional export capacity to Georgian/Turkish border Two new bridge linked platforms provide 16 bcma offshore processing Existing Stage 1 Platform More than 1,000km of transit pipeline across Turkey New terminal at Sangachal with compressors for Shah Deniz and SCP 500 km of subsea flowlines in up to 550m water depth subsea wells drilled with 2 semi- submersible rigs

6 6 The Southern Corridor Shah Deniz Field South Caucasus Pipeline Expansion (SCPX) Trans Anatolian Pipeline (TANAP) Nabucco West Pipeline Trans Adriatic Pipeline (TAP) Existing Pipelines


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