North Macedonia provides update on Azerbaijani gas reception project

December 28, 2021 02:55 PM (UTC + 04: 00)

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Through Tendency

So far, the feasibility study, cost-benefit analysis, environmental and social impact assessment and final project design are prepared for the gas interconnection between North Macedonia and Greece, which will guarantee access to Azerbaijani gas, said the Ministry of Economy of North Macedonia. Tendency.

The market test is underway on the Greek side before making the final investment decision, the ministry said.

“The project will provide access to Azerbaijani gas. The project aims to strengthen relations in the energy sector between the parties and between North Macedonia and the European Union; facilitate the exchange of natural gas between the entities of the two countries; enable the further development of the North Macedonian gas transmission network; strengthen the security of supply and liquidity of the gas market in North Macedonia and increase the degree of use of the Hellenic Republic’s gas transport infrastructure “, the ministry said.

North Macedonia via the gas interconnection between the Republic of North Macedonia and the Republic of Greece will have access to Azerbaijani gas. This project during the last ministerial meeting of the Energy Community was selected as a project of common interest for 2020. It aims at the gas connection of the country with Greece and the southern gas corridor in order to supply the country with gas. natural from diverse sources of supply and, among others, gas fields in Azerbaijan.

The Southern Gas Corridor, which includes Shah Deniz 2, the South Caucasus Pipeline Expansion, the Trans-Anatolian Natural Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP) became fully operational on December 31, 2020.

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