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2022 budget for Ighdir-Nakhchivan gas pipeline disclosed

Oil&Gas 18 January 2022 10:49 (UTC +04:00)
2022 budget for Ighdir-Nakhchivan gas pipeline disclosed

BAKU, Azerbaijan, Jan.18

By Leman Zeynalova – Trend:

It is planned to invest 100 million Turkish liras ($7.4 million) in Ighdir-Nakhchivan gas pipeline in 2022, Trend reports with reference to Turkish media.

Reportedly, the rest of the total 185 million Turkish liras ($13.7 million) will be allocated in 2023.

The construction of the pipeline that will transport natural gas to Nakhchivan via Ighdir will begin this year. The daily capacity of the pipeline is 1.5 million cubic meters.

Moreover, a metering station will be built in Dilucu, Ighdir as part of the project. The station, which will cover an area of 20,000 square meters, will provide the flow balance of the pipeline. Thus, natural gas will reach Nakhchivan in the safest way.

Azerbaijan and Turkey signed a memorandum of understanding on Ighdir-Nakhchivan gas pipeline on Dec.15, 2020.

The project will be implemented by Azerbaijan’s state oil company SOCAR and Turkey’s BOTAS. Nakhchivan currently receives gas mainly through Iran. The supply of Azerbaijani gas through Turkey will help Nakhchivan meet its gas demand. The Turkish section of the pipeline from Ighdir to Sadarak, Nakhcivan, will be 85 kilometers long.

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