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SOCAR reveals volume of gas supply to Turkey via TANAP

Oil&Gas Materials 19 December 2018 10:15 (UTC +04:00)

Baku, Azerbaijan, Dec.19

By Leman Zeynalova – Trend:

About 750 million cubic meters of natural gas has already been delivered to Turkey via the Trans Anatolian Natural Gas Pipeline (TANAP) so far, Azerbaijan’s state oil company SOCAR told Trend.

“2018 was an important year for SOCAR both in Turkey and in Azerbaijan. We reached a new milestone, completing our major projects in the fraternal countries. The inauguration of the Southern Gas Corridor in Azerbaijan and first delivery of commercial gas to the Turkish market mark the first step in the development of the biggest industrial project in the world,” said the company.

About 750 million cubic meters of natural gas has already been delivered to Turkey via TANAP so far and by the end of the year the volume of the delivered gas will total up to 1 billion cubic meters, according to the company.

At the same time, SOCAR said it also stored more natural gas for Azerbaijan’s domestic needs this year than in the previous years and refrained from importing natural gas from abroad.

“This is due to the growth in natural gas production in Azerbaijan among other things,” said the company.

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.

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