Bank Of Baku

With TANAP, Azerbaijan aims to assist Turkey to become an energy hub in the region as the cheapest and most strategic gas provider of Turkey

With TANAP, Azerbaijan aims to assist Turkey to become an energy hub in the region as the cheapest and most strategic gas provider of Turkey
# 15 February 2014 08:18 (UTC +04:00)

During his speech at the “TANAP’s Role in Making Turkey an Energy Hub” meeting on Friday, Kerimli stated that with TANAP there is an opportunity for Turkey and Azerbaijan to become key players in the energy sectors of Europe and the Balkans.

 

According to Kerimli, Europe has a natural gas deficit: “The TANAP project allows for the transportation of natural gas to be produced in Azerbaijan, Middle Asia, Middle East and Eastern Mediterranean through Turkey to Europe”.

 

Kerimli also underlined that Turkey’s natural gas demand will be increasing by 60 percent in the next 29 years: “With TANAP, Azerbaijan aims to assist Turkey to become an energy hub in the region as the cheapest and most strategic gas provider of Turkey”.

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