ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Main Report

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.

Image courtesy of Snam Rete Gas

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Southern Corridor GRIP 2014–2023