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Poroshenko: Ukraine ready to receive gas from TANAP through Bulgaria, Romania

Oil&Gas Materials 12 June 2018 19:59 (UTC +04:00)
Ukraine is ready to diversify its energy sources and receive natural gas from Trans-Anatolian Natural Gas Pipeline (TANAP) through Bulgaria and Romania
Poroshenko: Ukraine ready to receive gas from TANAP through Bulgaria, Romania

Baku, Azerbaijan, June 12

By Rufiz Hafizoglu – Trend:

Ukraine is ready to diversify its energy sources and receive natural gas from Trans-Anatolian Natural Gas Pipeline (TANAP) through Bulgaria and Romania, Ukrainian President Petro Poroshenko said June 12 at the TANAP opening ceremony in Turkey’s Eskisehir.

TANAP is a huge contribution to the prosperity of the entire region, he said.

It is not just an entirely new project, but also a new stage in the development of gas sources that will feed the European system, he noted, adding that Ukraine fully supports the project.

The project is important not only for Azerbaijan and Turkey, but also for whole Europe, including for Ukraine, he noted.

Poroshenko expressed gratitude to Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdogan for the implementation of the TANAP project.

A ceremony to launch TANAP took place June 12 in the Turkish city of Eskisehir.

TANAP, together with Trans-Adriatic Pipeline (TAP), is a part of the Southern Gas Corridor, which provides for the transportation of gas from the Azerbaijani field Shah Deniz to Europe.

The initial capacity of TANAP is expected to be 16 billion cubic meters of gas per year. About six billion cubic meters will be supplied to Turkey, and the rest to Europe. After completion of the TAP, the gas will reach Europe in early 2020.

The share distribution in TANAP is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji - 7 percent, Botas - 30 percent, and BP - 12 percent.

The launching ceremony of the first stage of the Southern Gas Corridor project was held in Baku on May 29.

The gas from the Azerbaijani Shah Deniz field has already gone through the first segment of the Southern Gas Corridor - from the Sangachal terminal to the expanded South Caucasus Pipeline.

The Southern Gas Corridor, which costs more than $40 billion, is one of the priority projects for the EU and provides for the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.

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Follow the author on Twitter: @rhafizoglu

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