Will Azerbaijan’s New Gas Pipeline Be Enough To Ease Europe’s Energy Crisis?

The commissioning of a new Greece-Bulgaria Interconnector (IGB) gas pipeline has been heralded by Baku and Brussels as a step toward getting Europe less dependent on Russian gas. Meanwhile, other signs have emerged suggesting that Azerbaijan may not be able to deliver on even the modest increase they promised the European Union earlier this year. The IGB was inaugurated on October 1 at a ceremony in Sofia, with Azerbaijan President Ilham Aliyev in attendance, along with leaders from the European Union and several of Bulgaria’s neighbors –…