Trend: SOCAR: Route of Azerbaijani gas supplies to Europe to be determined by late June

The final decision on choosing the route of Azerbaijani gas supplies to Europe will be made by late June 2013, SOCAR chief Rovnag Abdullayev told journalists today.

He added that at present, experts are evaluating the proposals. According to the current estimates, a final decision of choosing the Trans Adriatic Pipeline (TAP) or the Nabucco West gas pipeline will be made by the end of next month.

"At present, work is underway to solve all problems by the time a final investment decision is made in late 2013," Abdullayev said.

It is expected that a final investment decision on the second phase of developing Azerbaijani gas condensate "Shah Deniz" field will be made in late 2013.  MORE