Baku, Azerbaijan, Nov. 8
By Orkhan Quluzade – Trend:
It is planned to complete the construction of the Trans Anatolian Natural Gas Pipeline (TANAP) by 55 percent until the end of 2016, Berat Albayrak, Turkey’s minister of energy and natural resources, said, the Sabah newspaper reported Nov. 8.
Albayrak noted that Turkey is moving confidently in the direction of creating an energy hub and successfully diversifying energy sources.
“Turkey is geographically located close to the energy-rich regions, such as the Caspian Sea region, the Middle East and Central Asia,” said the minister. “Access to gas sources is important for energy security.”
He also noted that the TANAP and Turkish Stream pipelines will help Turkey to become gas trade center.
TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey. The length of TANAP is 1,800 kilometers with the initial capacity of 16 billion cubic meters.
Around six billion cubic meters of this gas will be delivered to Turkey and the remaining volume will be supplied to Europe.
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).
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