TANAP to create new jobs in Turkey

TANAP to create new jobs in Turkey

Baku, Azerbaijan, May 14

By Rufiz Hafizoglu - Trend:

The project for construction of the Trans-Anatolian Natural Gas Pipeline (TANAP) will help to create 15,000 jobs in Turkey and this is very important for the country, the Turkish Bayburt province's governor, Yusuf Odabas, told Trend May 14.

He said over 60 people in Bayburt have graduated from courses to participate in the construction of TANAP.

The governor also highlighted a special contribution to the organization of these courses by SOCAR Turkey Enerji and the TANAP consortium.

He said that TANAP is the most important energy project and a good example of the Azerbaijani-Turkish friendship.

Odabas also underscored the TANAP project's importance in terms of providing the energy security.

He said that TANAP is a project of stability and development.

The Bayburt province in northeastern Turkey is one of the regions of the country, through which the TANAP will run.

The TANAP project envisages the transportation of gas of Azerbaijan's Shah Deniz field from the Georgian-Turkish border to the western borders of Turkey. TANAP's initial capacity is expected to reach 16 billion cubic meters of gas per year.

Around six billion cubic meters of this gas will be delivered to Turkey and the rest of the volume to Europe. Turkey will receive gas in 2018. The gas will be supplied to Europe in early 2020 after the Trans Adriatic Pipeline (TAP) is constructed.

BP and the TANAP consortium signed a shareholder agreement March 13, according to which, BP will become one of the shareholders of TANAP. The agreement is one of the main documents for BP's ownership of a stake in the TANAP project.

Following the completion of a legal implementation procedure, TANAP's shareholders list will be as follows: SOCAR - 58 percent, Botas - 30 percent and BP - 12 percent.

Edited by CN

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Follow the author on Twitter: @rhafizoglu

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