Minister: TANAP to strengthen Turkey's energy role in region
Antalya, Turkey, May 23
By Rufiz Hafizoglu – Trend:
The implementation of the Trans-Anatolian natural gas pipeline project (TANAP) will strengthen Turkey's energy role in the region, Turkish Deputy Prime Minister Mehmet Simsek told Trend May 23.
Simsek added that TANAP is one of the most important energy projects in the region, which, at the same time, contributes to the strengthening of the Turkish and Azerbaijani economies.
TANAP project envisages transportation of gas from Azerbaijan’s Shah Deniz field to the western borders of Turkey.
The length of TANAP is 1,800 kilometers with the initial capacity of 16 billion cubic meters per year. Around six billion cubic meters of the gas will be delivered to Turkey and the remaining volume will be supplied to Europe.
The gas will be delivered to Turkey in 2018 and after completion of the Trans-Adriatic Pipeline’s construction the gas will be delivered to Europe in early 2020.
TANAP shareholders are Azerbaijan’s state oil company SOCAR (58 percent), BOTAS (30 percent) and BP (12 percent).