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    AzerNews: Turkey looking for more shares in TANAP: SOCAR

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Summary

Turkey wants 10 percent more shares in the Trans-Anatolian gas pipeline (TANAP) project

by: Sruthi

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Press Notes

AzerNews: Turkey looking for more shares in TANAP: SOCAR

Turkey is planning to gain an additional 10 percent share in the Trans-Anatolian pipeline (TANAP) project, Head of Azerbaijan's State Energy Company SOCAR Rovnag Abdullayev told journalists on April 12.

"This issue will be discussed next week at a meeting with the Turkish side. The preparation for making a final decision will be completed as part of this large-scale project in late April," he noted.

"Works are being carried out in accordance with the prescribed schedule. If we manage to conduct the operations on time, the construction work will be launched by late 2014. It will enter into an active phase in 2015," Abdullayev said.

TANAP, developed by SOCAR in collaboration with Turkish Botas and the energy company TPAO, will deliver Shah Deniz gas to the Turkish-Greek border from eastern Turkey.

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