TANAP Project To Be Implemented On Sept.20, Announces Erdoğan

President Recep Tayyip Erdoğan stated that the Trans-Anatolian gas pipeline (TANAP) project, which Turkey and Azerbaijan agreed to build to carry gas from the latter to Europe via Turkey, will started to be established on September 20.

Speaking during a press conference with his counterpart İlham Aliyev, Erdoğan told reporters that they had opportunity to discuss series of topics on Turkey-Azerbaijan relations during the meeting, one of which was long-awaited TANAP project. Erdoğan said the project, which plays a role as a peace line, will be implemented on September 20 with a groundbreaking ceremony.

Following Erdoğan, Aliyev expressed his content with bilateral ties between Turkey and Azerbaijan saying that his country always sides with Turkey on international platforms.

Azerbaijan and Turkey signed an intergovernmental agreement on June 26 on the TANAP project. In December last year, Azerbaijan and Turkey signed a memorandum of understanding to establish a consortium to build a gas pipeline to supply gas from the Shah Deniz field to Europe through Turkish territory. At present, BOTAS has a 20 per cent stake in TANAP, and the State Oil Company of Azerbaijan (SOCAR) has an 80 per cent share. The initial capacity of the pipeline is expected to reach 16 billion cubic meters per year. About six billion cubic meters of the volume will be allocated to Turkey, while the rest will be transported to Europe.




SHOT LIST
Wednesday, September 03, 2014 SOURCE: CIHAN
Press members
Erdoğan
Aliyev
Handshaking
Duration: 07: 11