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Russia: No discussion so far to link Turkish Stream, TANAP

Oil&Gas Materials 12 August 2016 16:49 (UTC +04:00)
Turkey and Russia’s Energy Ministry have not yet discussed the connection of the Turkish Stream to the Trans Anatolian Natural Gas Pipeline (TANAP).
Russia: No discussion so far to link Turkish Stream, TANAP

Baku, Azerbaijan, Aug. 12

By Elena Kosolapova – Trend:

Turkey and Russia’s Energy Ministry have not yet discussed the connection of the Turkish Stream to the Trans Anatolian Natural Gas Pipeline (TANAP), says the Russian ministry.

“Russia’s Energy Ministry has not received an official proposal on the possibility of connecting the Turkish Stream to the TANAP to supply Russian gas through Turkey to Europe,” the Russian Energy Ministry told Trend Aug. 12.

Earlier, Turkish Foreign Minister Mevlut Cavusoglu proposed to connect the Russia-developed Turkish Stream pipeline to the TANAP.

Cavusoglu said Ankara will buy only 16 billion cubic meters of Russian gas per year via the Turkish Stream and the remaining volume of Russian gas can be exported through Turkey via TANAP by connecting it to the Turkish Stream.

TANAP project, worth $9.2 billion, envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey. The gas will be delivered to Turkey in 2018, and after completion of the Trans Adriatic Pipeline’s construction, the gas will be delivered to Europe in early 2020.

TANAP shareholders are Azerbaijan’s state oil company SOCAR (58 percent), BOTAS (30 percent) and BP (12 percent).

In December 2014, Russia abandoned the South Stream project in favor of Turkish Stream, which involves the construction of a gas pipeline from Russia to Turkey through the Black Sea.

However, the project was frozen after the relations between Moscow and Ankara deteriorated in November 2015.

During the meeting on Aug. 9, Vladimir Putin and Recep Tayyip Erdogan agreed to resume the implementation of the Turkish Stream project.

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Follow the author on Twitter: @E_Kosolapova

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