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Southern Corridor GRIP 2014–2023
Image courtesy of Snam Rete Gas
On the supply side Southern Corridor Region faces probably the biggest challenge
across Europe. Projects planned in the Region are expected to enable a considera-
ble change of the supply patterns with positive impacts also for the Europe as
a whole. Such a change will be brought out by new sources of gas (Caspian and
East-Mediterranean / Middle East) and new routes with TAP and South Stream
among the bigger players.
When assessing demand and supply of the Southern Corridor Region, the GRIP
gives us as clear message that they are balanced in the reference case scenario. On
the other hand, the Region is vulnerable to disruption of the Ukrainian route, while
the FID projects help to satisfy part of the expected demand but are not sufficient to
fully mitigate the situation. Therefore, also the non-FID projects are needed to
ensure a complete redress. This again proves that the Region has high dependence
on Russian gas, although this is expected to be reduced for some of the countries
with the help of FID and PCI projects.
As one of the main roles of TSOs is to reduce any possible bottlenecks at their IPs,
the GRIP also analyses congestion dynamics both from a physical and from a con-
tractual point of view. The findings are that no physical congestion appears in any IP
(with the exception of Mosonmagyaróvár) while contractual congestion is a very
limited phenomenon, expected to progressively improve with the implementation of
projects and the new CMP and CAM rules.
The TSOs of the Region hope that stakeholders will consider that the present report
is a valuable informative tool offering a comprehensive overview of the Southern
Corridor Region’s countries, projects, and gas market data.