Azernews.Az

By Gulgiz Dadashova

Turkish Pipeline Company BOTAS and BP Pipelines appealed to the Turkish Antimonopoly Committee to buy the shares in the Trans-Anatolian pipeline construction consortium.

The Turkish Antimonopoly Committee reports that BOTAS intends to acquire a 30-percent share in TANAP, while BP Pipelines seeks to purchase a 12-percent share of Gas Corridor Closed Joint Stock Company in the TANAP consortium.

TANAP, developed by 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.

Contracts for the supply of pipes for the construction of TANAP were signed in Turkey’s Ankara city on Oct.14 with six Turkish and one Chinese company.

Turkey’s Mannesmann-Noksel-Erciyas and Umran-Emek consortiums, Toscelik Profil ve Sac Endustrisi, as well as a Chinese contractor Baosteel Europe won the tender for the supply of pipes for the TANAP project.

All the companies that will participate in the construction and supply of the TANAP project in Turkey are exempt from VAT.

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