“The Trans-Anatolian gas pipeline (TANAP) is one of these projects,” he said.
The TANAP project envisages gas transportation from Azerbaijan’s Shah Deniz field, the Georgian-Turkish border to the western border of Turkey.
The initial capacity of TANAP is expected to reach 16 billion cubic meters of gas per year.
Around six billion cubic meters will be delivered to Turkey and the rest volume to Europe.
Turkey will obtain gas in 2018. The gas will be supplied to Europe in early 2020 after the Trans Adriatic Pipeline (TAP) is constructed.
TANAP is planned to be commissioned in 2018. The project cost is estimated at $10-11 billion.
Contracts for the supply of pipes for the construction of TANAP were signed in Turkey’s Ankara city on Oct.14 with six Turkish and one Chinese company.
Turkey’s Mannesmann-Noksel-Erciyas and Umran-Emek consortiums, Toscelik Profil ve Sac Endustrisi, as well as a Chinese contractor Baosteel Europe won the tender for the supply of pipes for the TANAP project.
All the companies that will participate in the construction and supply of the TANAP project in Turkey are exempt from VAT.
More about:
