Baku, Azerbaijan, Dec. 29
By Sara Israfilbayova - Trend:
Since June 2018, the Azerbaijani state oil company SOCAR has exported about 900 million cubic meters of gas to Turkey via the Trans-Anatolian Pipeline (TANAP), SOCAR told Trend.
"The Southern Gas Corridor [SGC] is a functional project today. Gas supply via the territories of Azerbaijan, Georgia and Turkey is already being carried out via the South Caucasus Gas Pipeline and TANAP, which are parts of the SGC," the company said.
The main source of gas for this corridor is the Shah Deniz field with reserves of about 1.2 trillion cubic meters of gas. As SOCAR stated, this year, the gas extracted from Azerbaijan was exported from both development stages of this field.
The company further added that from 2006 to date, more than 99.7 billion cubic meters of gas have been produced at the Shah Deniz field.
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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