“Azerbaijan must do much works to start gas transportation to Europe. These works include development of several fields in the Caspian Sea, construction of pipelines and etc. All these need a large amount of money. Taking all these into consideration, we can say that Azerbaijani gas will not be delivered to Europe before 2021”.
Powell noted that at the first stage, the gas to be transported to Europe will not at a large volume: “Naturally, the volume of transport gas can be increased through development of other fields. Consequently, annual volume of transported gas can be reached 50 bcm. Therefore, this volume is down twice from the gas Norway transports. This is also less than Russia transports to Europe”.
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