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President Aliyev approves MoU on TANAP

15 November 2016 10:02 (UTC+04:00)
President  Aliyev approves MoU on TANAP

Azerbaijan’s President Ilham Aliyev approved “The Memorandum of Understanding on Trans-Anatolian Natural Gas Pipeline system between the Government of the Republic of Azerbaijan and the Government of the Republic of Turkey (TANAP)” on November 14, Azertac reported.

The MoU was signed in Ankara, Turkey, on May 26, 2014.

TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey. The gas will be delivered to Turkey in 2018, and after completion of the Trans Adriatic Pipeline’s construction, the gas will be delivered to Europe in early 2020.

The length of TANAP is 1800 kilometers with the initial capacity of 16 billion cubic meters.

The capacity of TANAP will be expanded to 23 billion cubic meters and up to 31 billion cubic meters by 2026. Around six billion cubic meters of this gas will be delivered to Turkey and the remaining volume will be supplied to Europe.

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