TANAP gives push to realization of regional energy projects
The launch of the Trans Anatolian gas pipeline project gave impetus to the implementation of other energy projects in the region, said Kenan Yavuz, President of the SOCAR Turkey Enerji.
SOCAR Turkey Enerji is the Turkish division of Azerbaijan’s state energy giant SOCAR.
He said TANAP is a proof of brotherly relations between Azerbaijan and Turkey, adding that it is one of the important and priority projects for Turkey.
The TANAP project envisages gas transportation from Azerbaijan’s Shah Deniz field to Europe through Turkey.
TANAP, developed by SOCAR in collaboration with Turkish Botas and the energy company TPAO, will deliver Shah Deniz gas to the Turkish-Greek border from eastern Turkey.
The initial capacity of the pipeline will be 16 billion cubic meters of gas a year. TANAP will link up with Trans-Adriatic (TAP) pipeline on the Turkish-Greek border.
About six billion cubic meters of gas will be delivered to Turkey and the rest to Europe. The costs of the TANAP project are estimated at $10 billion to $11 billion.