Risky business – Who benefits from the Southern Gas Corridor
Will Europe’s largest ever public loans be entrusted to companies with a history of bribery, tax evasion and mafia connections?
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or see the presentation below (87 pages)
The Southern Gas Corridor, meant to bring gas from Azerbaijan into Europe, is presented as a panacea for all ills. European public banks are considering unprecedented financial support for the string of pipelines.
But Europe’s flagship energy project is set to benefit a host of companies and individuals with a particularly shady track record.
Note: The ‚Risky business‘ report has been amended to correct several errors that have been idenfitied after publication.
Read a statement about those changes >>
The Southern Gas Corridor, a system of mega-pipelines meant to bring gas from the Caspian region to Europe, is unnecessary in light of gas demand projections but will boost Azerbaijan’s dictatorial regime and cause damage to local communities and the environment.
Mit dem neuen EU-Parlamentspräsidenten Tajani sichern sich Konservative, Liberale und Rechte die ungeteilte Macht in Brüssel