To him, it is considered to sign long-term (40-50 years) agreement of understanding and interstate. ‘In parallel with TANAP, works are also underway on European gas market, routes for gas transportation to Europe and gas buyers. As a result of these works, main route for transportation of Azeri gas to Europe will be selected by the end of this year’.
Note that, TANAP contract between Turkey and Azerbaijan was signed on October 25, 2011, in Izmir. According to contract, 10 bcm of gas from 16 bcm of gas to be extracted in Azerbaijan will be transported via this pipeline to Europe. Azerbaijan has 80%, Turkey – 20% share in this project. The project costs $5 bln.
SOCAR: Route for transportation of Azeri gas to Europe will be selected by the end of this year
25 May 2012 14:46 (UTC +04:00)
İDMAN XƏBƏR
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