TANAP consortium talks on creation of operator company
BAKU, Azerbaijan, May 25
By Leman Zeynalova – Trend:
TANAP Natural Gas Transmission Co. has been operating the Trans Anatolian Natural Gas Pipeline (TANAP) system since June 30, 2018 and will keep on operating it, TANAP consortium told Trend.
The consortium said that there is no official statement made regarding the creation of an operator company for TANAP.
“The volume of gas transported via TANAP in the first quarter of 2020 is 893 mscm (million standard cubic meters). From its opening up until May 17th, 2020, the total volume of 5.13 bscm (billion standard cubic meters) gas has been transported via TANAP to Turkey,” said the consortium.
TANAP project envisages transportation of gas from Stage 2 of Azerbaijan’s Shah Deniz field from Georgian-Turkish border to Turkey’s western border. The total cost of TANAP turned out to be lower than $7 billion.
The initial capacity of TANAP is expected to stand at 16 billion cubic meters of gas per year, with possibility of expanding to 31 billion cubic meters per year in the future. Around 6 billion cubic meters of gas will be delivered to Turkey, while the rest of the volume will be supplied to Europe.
The Trans Anatolian Natural Gas Pipeline is almost 100 percent complete.
Starting from late June 2020, the annual transportation volume via TANAP to Turkey will reach 6 billion cubic meters.
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