Baku. Aynur Aliyeva - APA-Economics. Realization of works on Trans-Anatolian gas pipeline (TANAP) will be started late this year - early next year, said SOCAR President Rovnag Abdullayev, APA-Economics reports.
To him, TANAP project is progressing: ‘SOCAR’s TANAP office has already started to operate in Turkey. More than 200 engineers work there’.
Remind that, construction of the TANAP pipeline, which will be built from the Turkish-Georgian border to Turkey's border with Europe, is expected to start at the end of 2013 and the project's first phase is seen ready at the end of 2017 or early 2018. TANAP is set to take some 10 billion cubic metres (bcm) of gas a year from Azerbaijan's Shah Deniz II field to Europe, while Turkey, which aims to cut its dependence on Russian gas, will get 6 bcm. The project is designed to be expandable to 30 bcm and ultimately 60 bcm a year.
The share of SOCAR in the TANAP project is 80%, and Turkey - 20%. SOCAR offered to its partners in the consortium Shah Deniz - BP, Statoil and Total 29% of its shares.
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