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BAKU, Azerbaijan, Nov.20
By Leman Zeynalova – Trend:
The Trans Anatolian Natural Gas Pipeline (TANAP), the longest section of the Southern Gas Corridor, will reach its full capacity of 16 billion cubic meters per year in 2022, Trend quotes TANAP General Manager Saltuk Duzyol as saying.
He noted that TANAP project has created more than $1 billion worth turnover in Turkey’s pipe manufacturing industry alone.
“The project will continue making significant contribution to Turkey’s economy during the operation phase as well. The country will get more than $1.5 billion worth income from transportation per year after TANAP reaches its full capacity in 2022. BOTAS, which holds 30 percent share in the project, will get over $500 million worth income per annum,” Duzyol told Turkish media.
Some 3.7 billion cubic meters of gas were supplied to Turkey via TANAP from January through October 2020.
About 7.6 billion cubic meters of gas were supplied to Turkey via TANAP from June 30, 2018, through October 1, 2020.
The Southern Gas Corridor comprises the following four projects: (i) operation of Shah Deniz natural gas-condensate field ("SD1" project) and its full-field development ("SD2'" project), (ii) the operation of the South Caucasus Pipeline ("SCP" project) and its expansion ("SCPX" project), (iii) the construction of the Trans-Anatolian Natural Gas Pipeline ("TANAP" project) and (iv) the construction of the Trans Adriatic Pipeline ("TAP" project) (SD2, SCPX, TANAP and TAP collectively, the "Projects").
The Projects have an estimated investment cost of approximately $40 billion. Upon completion, the SD2 project will add a further 16 bcm of natural gas per annum to 10.9 bcma (maximum production capacity) already produced under SD1 project.
Total length of the newly constructed SCPX, TANAP and TAP pipelines will be more than 3,200 kilometres.
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