Supply & Demand

Eastring could get Azeri gas to CEE at competitive prices

The bidirectional pipeline could take volumes from the Southern Gas Corridor into Central and Eastern Europe at prices competitive with Russian supplies The bidirectional pipeline could take volumes from the Southern Gas Corridor into Central and Eastern Europe at prices competitive with Russian supplies.
By Silvia Favasuli 4 October 2018 0 32787
The Baku-Tbilisi-Ceyhan oil pipeline in Azerbaijan The Baku-Tbilisi-Ceyhan oil pipeline in Azerbaijan. (Statoil)

The developers of the Eastring project are making headway in their efforts to deliver non-Russian gas into Central and Eastern Europe at a competitive price.

The bidirectional pipeline will run from Malkoclar on Turkey’s border with Bulgaria to Vel’ke Zlievce on Slovakia’s border with Hungary.

Eastring is designed to diversify Central and Eastern Europe’s sources of gas by connecting Caspian supplies – and potentially regasified Turkish LNG and new resources from the Middle East – to Romania, Hungary and Slovakia.

However, Turkish LNG is likely...