Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Turkish, Azeri firms to jointly run TANAP

by Daily Sabah

ISTANBUL May 02, 2018 - 12:00 am GMT+3
by Daily Sabah May 02, 2018 12:00 am

Turkey's Petroleum Pipeline Corporation (BOTAŞ) and the State Oil Company of Azerbaijan Republic (SOCAR) will establish a joint venture to operate Trans Anatolian Natural Gas Pipeline Project (TANAP).

Apart from operating TANAP, the company will also be responsible for the safety of the pipeline, according to the Turkish language daily, Habertürk.

The project will start delivering the first commercial gas from Azerbaijan's Shah Deniz gas field in June.

BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.

The natural gas from Shah Deniz gas field will be transported to Turkey and Europe via TANAP. Under the project, a 1,800-kilometer pipeline will be laid within Turkey, from its eastern border with Georgia to its western borders with Greece.The Eskişehir section of the line has already been completed and is currently undergoing tests. BOTAŞ will start supplying gas from Eskişehir as of July 1.

Azerbaijan will initially supply around 16 billion cubic meters (bcm) of natural gas annually, including 10 bcm to Europe and 6 bcm to Turkey.

A similar version of the operation model has been implemented in the Baku-Tbilisi-Ceyhan (BTC) Oil Pipeline Project, which transports Azeri oil via Georgia to the Turkish city of Ceyhan and then to world markets. BOTAŞ International (BIL) was established in 2001 to operate the BTC.

  • shortlink copied
  • RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    Lake Sapanca
    10 stunning Turkish lakes to visit year-round
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021