Baku, Azerbaijan, Nov.5
By Maksim Tsurkov - Trend:
Azerbaijani gas will be delivered to Turkey via the Southern Gas Corridor in June 2018, while Europe will receive it in early 2020, TANAP general manager Saltuk Duzyol said Nov.5.
He made the remarks during the Caspian Technical Conference being held in Baku.
The work on constructing the TANAP pipeline is underway at full speed, according to Duzyol.
"The capital expenditures on TANAP project are $9.5 billion," he added.
The Southern Gas Corridor is one of the priority energy projects for EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.
At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.
As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.
Edited by SI
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