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All tender procedures on TANAP to be completed by late 2014

4 June 2014 14:22 (UTC+04:00)
All tender procedures on TANAP to be completed by late 2014

By Aynur Jafarova

All tender procedures within the project on construction of the Trans-Anatolian (TANAP) gas pipeline will be completed by late 2014.

These remarks were made by SOCAR head Rovnag Abdullayev on June 4.

"At present, the tenders are being held. Presumably, all procedures will be finished in November. The construction work will be launched then," he told journalists.

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.

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.

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