Bank Of Baku

Azerbaijan can construct gas pipeline from Israel to Turkey

 Azerbaijan can construct gas pipeline from Israel to Turkey
# 18 September 2013 08:37 (UTC +04:00)

So, the total worth of the project is $2.5 bln. Length of the pipeline will make 470 km and stretch from Israel to Turkish port of Mersin

 

If the project is implemented, this pipeline will annually transport 16 bcm of gas. Official Tel-Aviv does not comment on this information. 

 

Note that there are two large gas fields – Tamar and Leviathan in Israel. Gas reserves of these fields are sufficient for 25-year demand. Israel intends to export 40% of those gas reserves. According to initial calculations, reserves of Tamar field make 240 bcm, Leviathan – 453 bcm.

 

 

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