Hurriyet: BP plays down impact of Russia call to scrap South Stream pipe
An executive from British Petroleum (BP) has downplayed potential impacts on the Trans-Anatolian gas pipeline (TANAP), a proposed natural gas pipeline from Azerbaijan running through Turkey, upon a recent decision by Russia to scrap the proposed South Stream gas pipeline and instead create a gas hub on the Turkish-Greek border.
TANAP envisages carrying 16 billion cubic meters (bcm) of gas a year from Azerbaijan’s Shah Deniz II field in the Caspian Sea, one of the world’s largest gas fields, which is being developed by a BP-led consortium.
“The 16 billion cubic meters of gas that TANAP will carry has already been sold and related long-term agreements with European companies, thus consumers, have already been finalized,” Murat Lecompte, Director of Communications for BP Turkey, told the Hürriyet Daily News Dec. 3.