Turkey's Botas to repurchase lands along TANAP
By Aynur Jafarova
Turkey's Botas state pipeline company will repurchase lands over the whole route under the construction of the Trans-Anatolian Pipeline (TANAP), Turkish media reported on March 17.
The TANAP project, developed by Azerbaijan's state energy company 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.
TANAP shareholders plan to lay the pipeline's foundation in the second quarter of 2014 and to commission it in 2018. TANAP project's cost is estimated at $10 billion to $11 billion.
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