Europe’s relationship with Russia has soured over the years due to diverging political views and crises such as Ukraine’s reorientation towards the West. Also, energy dependency has become a politically contentious issue. Natural gas demand in the EU was approximately 564 bcm in 2019 of which Russia provided 35 percent. The Southern Gas Corridor, which is almost completed after 4,5 years, is seen as an essential piece of infrastructure for diversification purposes. However, this article will argue that the costs, both political and financial, far outweigh the benefits. Gas demand and the shale revolution The Southern Gas Corridor is a chain of pipelines that span 3,200 kilometers from the Caspian Sea to consumers in Turkey and Europe. The infrastructure includes the South Caucasus Pipeline (SCP) through Georgia, Trans Anatolian Pipeline (TANAP) through Turkey, and the Trans Adriatic Pipeline (TAP) that will be finished this year. The Corridor has received […]