Bank Of Baku

Azerbaijan and Turkey to sign inter- governmental agreement on TANAP project by June 30

Azerbaijan and Turkey to sign inter- governmental agreement on TANAP project by June 30
# 02 May 2012 08:48 (UTC +04:00)
“We aim to complete talks this month and sign the inter- governmental agreement by June 30,” Elshad Nasirov, vice president of SOCAR.

The delay in agreeing a deal wasn’t caused by disagreements over the size of stakes in the project, according to Nasirov. Some mass media cited unidentified Turkish officials in March as saying that Turkey wanted to boost its stake in Tanap to as much as 50 percent.

“We have not received any proposal from the Turkish side on this,” Nasirov said today.
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