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President: Joint economic projects of Azerbaijan, Turkey and Georgia brings these countries together

Business Materials 10 April 2013 10:53 (UTC +04:00)
Economic projects implemented between Azerbaijan, Turkey and Georgia brings these countries together and strengthen their cooperation, Turkish President Abdullah Gul said at a meeting with Georgian President Mikheil Saakashvili, Turkish President’s website reported on Wednesday.
President: Joint economic projects of Azerbaijan, Turkey and Georgia brings these countries together

Azerbaijan, Baku, April 10 / Trend, A.Taghiyeva /

Economic projects implemented between Azerbaijan, Turkey and Georgia brings these countries together and strengthen their cooperation, Turkish President Abdullah Gul said at a meeting with Georgian President Mikheil Saakashvili, Turkish President's website reported on Wednesday.

"Projects such as the Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, Baku-Tbilisi-Kars and Trans-Anatolian gas pipeline (TANAP) signify the cooperation between Azerbaijan, Turkey and Georgia," Gul said.

He also said that maintaining stability in Georgia is very important for the security of the entire region.

The BТС's total length is 1768 kilometers including a 443-kilometre section running via Azerbaijan, a 249-kilometre section traversing Georgia and a 1076-kilometre section passing through Turkey. The pipeline's construction began in April 2003. First oil was marketed on May 18, 2005.

The length of the Baku-Tbilisi-Erzurum gas pipeline (South Caucasus Pipeline) exceeds 700 kilometers. The gas produced from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea is transported via the pipeline. Azerbaijan also appears as the buyer of gas.

TANAP project envisages 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.

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