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SOCAR says no delay recorded in TANAP construction

11 April 2014 17:44 (UTC+04:00)
SOCAR says no delay recorded in TANAP construction

By Aynur Jafarova

There is no delay in the construction of the Trans-Anatolian pipeline (TANAP).

All work within the framework of this major project is carried out in accordance with the prescribed schedule, Spokesman for Azerbaijan's state energy company SOCAR Nizamaddin Guliyev told Trend Agency on April 11.

"In some cases, we are proceeding even ahead of schedule of the planned work," he said.

TANAP, 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 commission it in 2018. The costs of the TANAP project are estimated at $10 billion to $11 billion.

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