TAP, TANAP projects to allow Germany to be more energy independent

TAP, TANAP projects to allow Germany to be more energy independent

Baku, Azerbaijan, Oct. 2

By Maksim Tsurkov - Trend:

The Trans-Adriatic (TAP) and the Trans-Anatolian (TANAP) gas pipeline projects will allow the Western European countries, including Germany, to be more energy independent, Hanns-Eberhard Schleyer, the chairman of the Germany-Azerbaijan Forum (DAF), said at a meeting in the Azerbaijani Ministry of Energy Oct. 2, the ministry said.

During the meeting Azerbaijani Deputy Minister of Energy Gulmammad Javadov spoke about the country's important role as a guarantor of Europe's energy security.

"TANAP and TAP projects will create broad opportunities to meet Europe's needs for gas," Javadov said. "At the same time, Azerbaijan conducts important work in the direction of using alternative and renewable energy sources and increasing energy efficiency. The ministry determined the main directions of strategic development of the country's energy sector. In the future Azerbaijan will prepare a number of state programs to increase the energy efficiency level. It would be useful to learn from Germany's experience in this field."

Schleyer said that TANAP and TAP projects would allow European countries, including Germany, to reduce dependence on gas.

"This will also create an opportunity for Germany to be more energy independent," he said.
Günther Horzetzky, the Deputy Minister of Economic Affairs, Energy, Industry, Small and Medium-Sized and Craft Trade of the Federal State of North Rhine-Westphalia, made a proposal at the meeting.

Horzetzky proposed to establish the Germany-Azerbaijan working group on cooperation in the field of alternative and renewable energy sources.

TANAP project envisages transportation of gas of Azerbaijan's Shah Deniz field from Georgian-Turkish border to the western borders of Turkey. The project's total cost is estimated at $10 billion.

The initial capacity of TANAP pipeline 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 remaining volume will be supplied to Europe.

Turkey will get gas in 2018 and after completing the construction of Trans-Adriatic Pipeline (TAP), it will be delivered to Europe in early 2020.

BP with 12 percent became one of the shareholders of the pipeline in accordance with the agreement signed with the TANAP consortium in April.

Currently, the shareholders of TANAP are: the State Oil Company of Azerbaijan (SOCAR) - 58 percent, Botas - 30 percent and BP - 12 percent.

TAP envisages transportation of gas from the Azerbaijani gas condensate Shah Deniz II field to the EU countries.

The approximately 870 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

The pipeline construction is to be launched in 2016.

TAP's initial capacity will be 10 billion cubic meters per year, expandable to 20 billion cubic meters per year.

The first gas as part of the Shah Deniz-2 project will be transported to Europe via TAP in early 2020.

TAP's shareholding is comprised of BP (20 percent), SOCAR (20 percent), Statoil (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

Edited by CN

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Follow the author on Twitter: @MaksimTsurkov

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