Pipe dreams and the Levantine Great Gas Game [Gas in Transition]
Pipe dreams and the Levantine Great Gas Game [Gas in Transition]
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Natural Gas News
Pipe dreams and the Levantine Great Gas Game [Gas in Transition]
Summary
The proposed ‘Vertical Gas Corridor’ is a project that will directly challenge Russia’s last remaining major pipeline route into the heart of Europe. by: Ross McCracken
Bringing non-Russian gas into southern and central Europe via the Southern Gas Corridor has been a long-standing aim of the EU, regional EU member states, Turkey and gas producers as far afield as Central Asia and the Middle East, albeit with significantly differing agendas. Many projects, often grandiose, have been proposed over the years, often falling foul of the complex political and economic interests which crisscross the region. Russia’s invasion of Ukraine in February 2022 provided yet another twist to this Levantine Great Game, creating both new impetus for supply diversification and new infrastructure options as the Kremlin’s control over the pipelines originally built to bring gas west and south from Russia weakened. Now, under plans hatched by southeast and central European states, the region’s growing gas interconnectivity could take another significant step forward, further weakening Russi...