Azerbaijan, Turkey to implement important energy projects
Baku, Azerbaijan, Dec.5
By Rufiz Hafizoglu - Trend:
Azerbaijan and Turkey will implement important projects in the energy sphere, head of the Foreign Affairs Committee of Turkish parliament Ahmet Berat Conkar told the Turkish service of the 'Voice of Russia'.
He added that the Trans-Anatolian gas pipeline project (TANAP) is among these projects.
Conkar said alongside with the implementation of projects with Azerbaijan, Turkey intends to develop other projects as well.
It is planned to commission TANAP in 2018. The project's cost is estimated at $10-11 billion.
Contracts for the supply of pipes for the construction of TANAP were signed in Turkey's Ankara city on Oct.14 with six Turkish and one Chinese company.
Turkey's Mannesmann-Noksel-Erciyas and Umran-Emek consortiums, Toscelik Profil ve Sac Endustrisi, as well as a Chinese contractor Baosteel Europe won the tender for the supply of pipes for the TANAP project.
All the companies that will participate in the construction and supply of the TANAP project in Turkey are exempt from VAT.
Edited by CN
Rufiz Hafizoglu is the head of Trend Agency's Arabic news service, follow him on Twitter: @rhafizoglu