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TANAP, step towards ensuring European energy security

20 November 2014 18:55 (UTC+04:00)
TANAP, step towards ensuring European energy security

By Aynur Jafarova

The Trans-Anatolian (TANAP) gas pipeline project is a step towards ensuring the energy security of the European countries, as well as Turkey.

This remark was made by Turkish Energy and Natural Resources Minister Taner Yildiz on November 20.

The minister said TANAP is one of the global projects, noting that its implementation will be a serious step towards resolving the energy security problems.

Yildiz also expressed gratitude to Azerbaijan for the implementation of this project.

TANAP, developed by Azerbaijan’s SOCAR in collaboration with Turkish Botas and the energy company TPAO, will deliver Shah Deniz's gas to the Turkish-Greek border from eastern Turkey.

The initial capacity of the pipeline will be 16 billion cubic meters of gas a year. TANAP will link up with Trans-Adriatic (TAP) pipeline on the Turkish-Greek border. About six billion cubic meters of gas will be delivered to Turkey and the rest to Europe. The costs of the TANAP project are estimated at $10 billion to $11 billion.

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