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TANAP, significant project to ensure Europe's energy security

27 January 2015 10:40 (UTC+04:00)
TANAP, significant project to ensure Europe's energy security

By Aynur Karimova

The Trans-Anatolian gas pipeline project is of particular significance for ensuring Europe’s energy security, Hungarian Foreign Minister Peter Szijjarto said.

He made this remark at a meeting with his Turkish counterpart Mevlut Chavushoglu, Turkish media reported on January 26.

Szijjarto also noted Hungary is confident that the project will be one of the most important energy projects.

TANAP, developed by SOCAR in collaboration with Turkish Botas and the energy company TPAO, will deliver Shah Deniz 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.

Earlier the Turkish 'Borusan Mannesmann', 'Noksel Celik Boru' and 'Erciyas Celik Boru' companies become the winners of the tender on supply of pipes for the TANAP project.

They will provide the supply of pipes for TANAP.

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Aynur Karimova is AzerNews’ staff journalist, follow her on Twitter: @Aynur_Karimova

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