Insight
Why do European players want Shah Deniz Phase II gas into Italy?
This report is currently unavailable
Report summary
On the 19th of September 2013 the Shah Deniz Phase II consortium signed 9 separate 25-year gas sales contracts for the 10 bcm of its production to be routed through Turkey into European countries starting from 2019. The "Resolution to Construct" for TAP, the pipeline selected by the consortium to reach Southern Italy, is anticipated in October/November. The "Final Investment Decision" on the Shah Deniz Phase II upstream development is expected to follow a month later. The decision to build...
Table of contents
- Executive summary
- Introduction and background
- Pricing: Oil-linked, PSV or TTF?
- Long term Italian gas market fundamentals
-
Implications on the corporate landscape
- The hedgers
- The challengers
- The empty-handed
Tables and charts
This report includes 5 images and tables including:
- Italian* and European prices: spot vs oil indexed
- Continental European hub total traded volumes
- Production, contracted* supply and demand
- Shah Deniz phase II contracts into Italy* - buyers
- Sales/usage and procurement in 2012
Other reports you may be interested in
Asset Report
Trans Adriatic Pipeline (TAP)
The Trans Adriatic Pipeline (TAP) is the final section of Europe's Southern Gas Corridor. It currently delivers 970 mmcfd (10 bcm a ...
$2,150
Asset Report
Sagunto - LNG regas terminal
Sagunto LNG terminal is an onshore operational terminal in Valencia, Spain.
$1,200
