Azernews.Az

Saturday April 20 2024

TANAP, most important energy project in region

27 January 2015 12:18 (UTC+04:00)
TANAP, most important energy project in region

By Aynur Karimova

The Trans-Anatolian gas pipeline project is one of the most important energy projects in the region.

This remark was made by Turkish President Recep Tayyip Erdogan, local media reported on January 27.

He noted Turkey and Azerbaijan started to implement the TANAP project when Europe failed to implement the Nabucco project because of financial problems.

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.

Earlier the Turkish 'Borusan Mannesmann', 'Noksel Celik Boru' and 'Erciyas Celik Boru' companies become the winners of the tender on supply of pipes for the TANAP project.

They will provide the supply of pipes for TANAP.

--

Aynur Karimova is AzerNews’ staff journalist, follow her on Twitter: @Aynur_Karimova

Follow us on Twitter @AzerNewsAz

Loading...
Latest See more