Turkish official: TANAP project implemented much faster than Nabucco
Undersecretary of the Turkish Ministry of Energy and Natural Resources Metin Kilci says the TANAP gas pipeline project is being implemented much faster that the Nabucco project, Turkish online newspaper Dünya Gazetesi wrote on Friday, Trend news agency reported.
Kilci said that Ankara is an important partner in Nabucco, and Turkey will fulfill its commitment to the project.
Nabucco-West envisages the construction of 1,300 km of gas pipeline from the Turkish-Bulgarian border to the Austrian Baumgarten.
The shareholders are the Austrian OMV, Hungarian FGSZ, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE.
The TANAP project envisages the construction of the pipeline from the eastern border of Turkey to the country's western border to supply gas from Azerbaijani Shah Deniz gas field to Europe through Turkey. The initial capacity of the pipeline is expected to reach 16 billion cubic meters a year. About six billion cubic meters will be delivered to Turkey, and the rest - to Europe.
At present, a 20% share in TANAP belongs to Botas and TPAO, 80 per cent - the State Oil Company of Azerbaijan (SOCAR).