The project was financed by EBRD loan. The project objectives include four components: Rehabilitation of…
Balkan Gas Hub Feasibility Study
The main purpose of the Balkan Gas Hub is diversification of natural gas supply of the South-East Europe countries from different sources all over the World, on transparent and non-discriminatory principles that follows the third European energy package. The hub will serve as a facility for providing, Azerbaijani natural gas, Russian gas and / or liquefied natural gas to the region as well as to the different European hubs, e.g. central European gas hub in Austria. The realization of the Balkan gas hub concept completely follows the plans for development of gas infrastructure in Europe. It will improve energy security, enable diversification of natural gas sources and routes for supply. The project is completely in line with the goals identified by the High-Level Group on Gas Connectivity in Central and South-East Europe (CESEC), as well as with the development of the European Energy Union.