Baku, Azerbaijan, Dec.15
By Rufiz Hafizoglu - Trend:
The Trans-Anatolian gas pipeline (TANAP) project that is currently being implemented by Azerbaijan and Turkey, is an energy 'Great Silk Road', Turkish Prime Minister Ahmet Davutoglu said on Dec.15.
He said Azerbaijan and Turkey implement large-scale economic projects, adding that TANAP is one of the most successful projects in the region, Mersinhaberler newspaper reported.
The TANAP project envisages gas transportation from Azerbaijan's Shah Deniz field to Europe through Turkey.
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 SI
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Rufiz Hafizoglu is the head of Trend Agency's Arabic news service, follow him on Twitter: @rhafizoglu