The logo of Gazprom is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015. Europe’s Trans Anatolian natural gas pipeline in Turkey has hit a major milestone. It passed the halfway mark to completion at the end of 2016, bringing the Southern Gas Corridor pipeline project closer to its finishing point – and closer to reducing Europe’s dependence on Russian gas. If the corridor succeeds as planned, the project will bring Caspian gas into the European market for the first time Perhaps even more importantly for Europe: The progress of the project will add a new dimension to the sweeping changes currently taking place in the global natural gas markets. The increase in global natural gas production, the buildup of new gas transport infrastructure, the decrease in natural gas prices, the growth of liquefied natural gas (LNG) trade are all already increasing the options for […]