ABSTRACT

This chapter is concerned with the cooperation required to open the Southern Corridor. A phenomenal degree of cooperation was required to transform the Southern Corridor concept into reality. The corridor is a way of connecting new oil and gas suppliers to European and Mediterranean markets and to global markets accessible via the Mediterranean. Southern Gas Corridor (SGC) requires extensive regional cooperation to address two major elements essential to its success: massive commercial investments and counters to increasing security threats. There are two major commercial drivers that underpin the development of the SGC: the changing patterns of European gas demand and the desire of new supply sources to access the European market. The most complex element of the SGC is the 1,850-kilometre Trans-Anatolian Pipeline (TANAP). TANAP is essential as a means to ensure the long-term delivery of gas to both Turkey and the European Union.