On December 31, 2020, the Trans-Adriatic Pipeline (TAP) delivered its first volumes of natural gas from the Shah Deniz field off the Caspian coast of Azerbaijan to Greece and Bulgaria. The 2,175-miles-long pipeline is the European leg of the Southern Gas Corridor (SGC) that connects the Caspian Sea with Europe. Although the SGC commissioning comes in difficult time for the global economy, it represents a significant milestone aimed at diversifying Europe’s gas imports and, by doing so, decreasing its dependence on Russian natural gas. Gazprom’s TurkStream, meanwhile, still faces significant obstacles to becoming fully operational.
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