TANAP increases the international prestige of Azerbaijan
Baku, Azerbaijan: The commissioning of the Trans-Anatolian pipeline (TANAP) project is primarily of great importance from the point of view of strengthening the economy of Azerbaijan.
This project is very significant in terms of ensuring the energy security of Europe.
“The biggest significance of this project is that it will give a strong impetus to further strengthening the economy, increasing the international authority of Azerbaijan. Of course, this project will also ensure the energy security of many European countries, large investments will be attracted to Azerbaijan, “said Tair Rzayev, deputy of the Milli Mejlis (parliament) of Azerbaijan.
Note that on June 12, the opening ceremony of TANAP took place in the Turkish province of Eskisehir with the participation of Azerbaijani presidents Ilham Aliyev, Turkey – Recep Tayyip Erdogan, Ukraine – Petro Poroshenko and Serbia – Alexander Vucic.
Thus, the first gas from the Azerbaijani Shah Deniz field has already passed through the first segment of the Southern Gas Corridor, from the Sangachal terminal extended by Shah Deniz-2 through the expanded South Caucasus gas pipeline. The next stage was the commissioning of the TANAP gas pipeline, through which gas will flow into Turkey and further to Europe.
The TANAP pipeline is laid from the Georgian-Turkish border to the western border of Turkey. TANAP together with another gas pipeline – Trans Adriatic (TAP) – is part of the “Southern Gas Corridor” project, which provides for the transportation of gas from the Azerbaijani Shah Deniz field to Europe.
The initial throughput capacity of the TANAP pipeline is expected to be 16 billion cubic meters of gas per year.
About six billion cubic meters will be delivered to Turkey, and the rest – to Europe. After the completion of the TAP, the gas will be delivered to Europe around the beginning of 2020.
The share distribution of TANAP shareholders is as follows: Southern Gas Corridor CJSC – 51 percent, SOCAR Turkey Enerji – seven percent, Botas – 30 percent, BP – 12 percent.
