Research Article

Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market

Volume: 7 Number: 1 April 30, 2025
EN TR

Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market

Abstract

This study conducts a SWOT analysis of the Southern Gas Corridor (SGC) as an energy initiative operating in the transnational natural gas sector. The findings indicate that SGC's key strengths include its role in energy diversification and geopolitical leverage, while its weaknesses stem from infrastructure vulnerabilities and dependence on regional stability. Additionally, opportunities such as increasing European energy demand and potential strategic partnerships are identified, alongside threats, including geopolitical tensions and regulatory uncertainties. Based on these insights, the study offers strategic recommendations for SGC’s management to mitigate risks, optimize growth opportunities, and strengthen its market position through diversified investment strategies, resilient infrastructure development, and adaptive regulatory compliance.

Keywords

References

  1. Amirova-Mammadova, S. (2018). Pipeline politics and natural gas supply from Azerbaijan to Europe: Challenges and perspectives. Springer. Agarwal, R., Grassl, W., & Pahl, J. (2012). Meta-SWOT: introducing a new strategic planning tool. Journal of Business Strategy, 33(2), 12–21. https://doi.org/10.1108/02756661211206708
  2. Aliiev, M. (2022) The EU-Azerbaijan Relations in the Gas Transporting Sector. Language Culture Politics, Issue No: 7, 205-218
  3. Azakov, S. I. (2018) Contribution of Azerbaijan to the energy security of the European Union, Conference Series Materials Science and Engineering 459(1):012011, DOI:10.1088/1757-899X/459/1/012011
  4. Bocse, A.-M. (2021). International networks, advocacy and EU energy policy-making. Palgrave Studies in European Union Politics, DOI: 10.1007/978-3-030-49505-3
  5. BP. (2023). South Caucasus Pipeline Expansion Project. BP. https://www.bp.com/en_ge/georgia/home/who-we-are/scp.html
  6. Camacho, P., & Fernandes, C. (2019). The European Union and security of supply. In C. Fernandes & T. Rodrigues (Eds.), The future of energy: Prospective scenarios on EU-Russia relations (pp. 121–146). New York, NY: Nova Science Publishers.
  7. David, F. R., & David, F. R. (2013). Strategic management: Concepts and cases: A competitive advantage approach. Pearson.
  8. Chyong, C. ve Henderson, J. (2023). Quantifying the Economic Value of Russian Gas in Europe in the Aftermath of the 2022 War in Ukraine, https://doi.org/10.2139/ssrn.4611178

Details

Primary Language

English

Subjects

Macroeconomics (Other), Business Administration

Journal Section

Research Article

Publication Date

April 30, 2025

Submission Date

September 9, 2024

Acceptance Date

February 26, 2025

Published in Issue

Year 2025 Volume: 7 Number: 1

APA
Furuncu, Y. (2025). Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi, 7(1), 41-56. https://doi.org/10.38009/ekimad.1546023
AMA
1.Furuncu Y. Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market. EKİMAD. 2025;7(1):41-56. doi:10.38009/ekimad.1546023
Chicago
Furuncu, Yunus. 2025. “Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market”. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi 7 (1): 41-56. https://doi.org/10.38009/ekimad.1546023.
EndNote
Furuncu Y (April 1, 2025) Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market. Ekonomi İşletme ve Maliye Araştırmaları Dergisi 7 1 41–56.
IEEE
[1]Y. Furuncu, “Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market”, EKİMAD, vol. 7, no. 1, pp. 41–56, Apr. 2025, doi: 10.38009/ekimad.1546023.
ISNAD
Furuncu, Yunus. “Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market”. Ekonomi İşletme ve Maliye Araştırmaları Dergisi 7/1 (April 1, 2025): 41-56. https://doi.org/10.38009/ekimad.1546023.
JAMA
1.Furuncu Y. Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market. EKİMAD. 2025;7:41–56.
MLA
Furuncu, Yunus. “Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market”. Ekonomi İşletme Ve Maliye Araştırmaları Dergisi, vol. 7, no. 1, Apr. 2025, pp. 41-56, doi:10.38009/ekimad.1546023.
Vancouver
1.Yunus Furuncu. Strategic Analysis of the Southern Gas Corridor: SWOT Assessment and Future Prospects in the European Energy Market. EKİMAD. 2025 Apr. 1;7(1):41-56. doi:10.38009/ekimad.1546023

Cited By