The quarrels around the Southern Gas Corridor
The SGC (Southern Gas Corridor) has started delivering gas from the Caspian Sea to Italy beginning of 2021 through the TransAdriatic Pipeline. This despite some crucial nail-biting moments like the struggle with the local authorities, with the result that the price premium for Italian consumers has been eroded, long one of Western Europe’s least competitive markets. The SGC was initially expected to carry 30bn cubic m/year form the Caspian region to Central Europe. However, it now carries 16bn cubic m/year out of Azerbaijan, 10bn cubic m/year of which to Italy.