EU: TANAP is important infrastructure element of Southern Gas Corridor
Azerbaijan, Baku, Nov. 14 / Trend E.Ismayilov /
Trans Anatolian pipeline (TANAP) is an important element of the infrastructure of Southern Gas Corridor system, which will closely connect Azerbaijan with the European Union, the European Commissioner for Energy Günther Oettinger said in Brussels, during the session "The European Union and Azerbaijan: strategic partnership - Southern Gas corridor and other directions."
The meeting was held within the opening of SOCAR (State Oil Company of Azerbaijan) representative office in Brussels, a statement published by SOCAR said on Wednesday.
According to Oettinger, within 20 years, Azerbaijan passed a long way of development and took an important place in the world economy. SOCAR company has an important role in this way, proved by the rightful place which the company took in the center of Europe.
The Senior Specialist of Jamestown Fund in Washington, Vladimir Socor said TANAP project is a step forward towards creation of the Southern Gas Corridor.
Speaking on the importance of the Southern Gas Corridor in the energy security of Europe, Socor noted Azerbaijan's efforts in implementation of this project.
According to him, Azerbaijan is a strategic partner of the West in Eastern Europe, calling Azerbaijan a symbol of religious and ethnic tolerance in the post-Soviet area and in the region in general.
During the meeting, the head of SOCAR Rovnag Abdullayev expressed confidence that with the opening of SOCAR mission in Brussels cooperation between Azerbaijan and the EU in the field of energy will become more intense.
The Southern Gas Corridor is a major energy project for the EU. It is intended to diversify routes and sources of supply. It is aimed at ensuring EU energy security. Gas which will be produced during the second stage of Azerbaijani Shah Deniz field development is considered as the main source for the Souther Gas Corridor projects.
Currently, the Shah Deniz consortium considers two options to deliver its gas to Europe - Trans Adriatic Pipeline (TAP) and Nabucco West. The final decision on a pipeline route will be made in 2013
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.
On June, 26 Azerbaijan and Turkey signed an intergovernmental agreement on TANAP implementation.
At present, a 20 per cent share in TANAP belongs to Turkish BOTAS, 80 per cent and the State Oil Company of Azerbaijan (SOCAR). 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