TANAP implementation underway without problems
By Aynur Karimova
The project on construction of the Trans-Anatolian gas pipeline is being implemented in Turkey without problems and at an accelerated pace.
This statement was made by Kenan Yavuz, the head of SOCAR Turkey Enerji and Board Member of Petkim Petrochemical Holding, local Turkish media reported on June 16.
He noted TANAP is an important project not only for Turkey, but also for the region in general.
Earlier Levent Kafkasli, the head of Tekfen Construction Company, said the first welding work on the TANAP project will start in August this year.
TANAP envisages the transportation of gas of Azerbaijan’s Shah Deniz field from the Georgian-Turkish border to the western borders of Turkey. TANAP’s initial capacity is expected to reach 16 billion cubic meters of gas per year. Around six billion cubic meters of this gas will be delivered to Turkey and the rest of the volume to Europe.
Turkey will receive gas in 2018, and after the Trans-Adriatic Pipeline (TAP) is constructed the gas will be delivered to Europe in early 2020.
BP and the TANAP consortium signed March 13 a shareholder agreement, according to which, BP will become one of the shareholders of TANAP. The agreement is one of the main documents for BP’s ownership of a stake in the TANAP project.
Following the completion of a legal implementation procedure, TANAP’s shareholders list will be as follows: SOCAR – 58 percent, Botas – 30 percent and BP – 12 percent.
Three Turkish companies, Fernas Insaat A.S., Sicim-Yuksel-Akkord Adi Ortakligi and Tekfen Insaat ve Tesisat A.S. are the contractors for construction of TANAP’s onshore part, which is to be 1,337 kilometers long. They will construct the gas pipeline’s section running up to the Turkish city of Eskisehir.
In March 2015, the TSE said the companies that are to supply pipes for TANAP’s construction project, will have to receive a certificate of that institute.
--
Aynur Karimova is AzerNews’ staff journalist, follow her on
Twitter: @Aynur_Karimova
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!