BAKU, Azerbaijan, Nov.7
By Leman Zeynalova – Trend:
The volume of gas transportation to Turkey via the Trans Anatolian Natural Gas Pipeline (TANAP) has reached 3.08 billion cubic meters (bcm) since the start of commercial gas supplies on June 30, 2018 as of late October 2019, said TANAP CEO Saltuk Duzyol.
Duzyol noted that TANAP has been fully filled with gas and the necessary testing is complete, Trend reports citing Turkish media.
He said that from June 2019 until late June of 2020, Turkey is expected to receive 4 billion cubic meters of natural gas via TANAP.
Starting from late June 2020, Turkey will begin receiving annually 6 billion cubic meters of natural gas from TANAP and subsequently, with the commissioning of the Trans Adriatic Pipeline (TAP),the pipeline will reach full capacity of 16 billion cubic meters in 2022 or 2023 at the latest, noted TANAP CEO.
Duzyol said the gas imported via TANAP is the cheapest of all the sources from which Turkey receives gas, adding that, the country’s gas consumption nears 50 billion cubic meters per year.
The initial capacity of TANAP, which is the main segment of the Southern Gas Corridor, is 16 billion cubic meters of gas.
Around six billion cubic meters of this gas will be supplied to Turkey while the remaining volume - to Europe. After the completion of the Trans Adriatic Pipeline (TAP) construction, gas will be supplied to Europe in early 2020.
The share distribution of TANAP shareholders is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji - 7 percent, Botas - 30 percent, BP - 12 percent.
---
Follow the author on Twitter: @Lyaman_Zeyn