TANAP pipeline
| Trans-Anatolian Natural Gas Pipeline | |
|---|---|
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Map of Trans-Anatolian Natural Gas Pipeline
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| Location | |
| Country | Turkey |
| General information | |
| Type | Natural gas |
| Owner | TANAP project company |
| Partners |
SOCAR (58%) BOTAŞ (30%) BP (12%) |
| Operator | SOCAR |
| Construction started | 2015 |
| Expected | 2018 |
| Technical information | |
| Length | 1,841 km (1,144 mi) |
| Maximum discharge | 16×109 m3 (570×109 cu ft) per year |
| Website | http://www.tanap.com/ |
The Trans-Anatolian Natural Gas Pipeline (TANAP; Turkish: Trans-Anadolu Doğalgaz Boru Hattı) is a natural gas pipeline from Azerbaijan through Georgia and Turkey to Europe. It will be a central part of the Southern Gas Corridor, which will connect the giant Shah Deniz gas field in Azerbaijan to Europe through the South Caucasus Pipeline (SCP), TANAP and the Trans Adriatic Pipeline (TAP).
This project is of strategic importance for both Azerbaijan and Turkey. It will allow the first Azerbaijani gas exports to Europe, beyond Turkey. It will also strengthen the role of Turkey as a regional energy hub.
Construction of the pipeline began formally in March 2015 and is expected to be completed in 2018.
The project was announced on 17 November 2011 at the Third Black Sea Energy and Economic Forum in Istanbul. On 26 December 2011, Turkey and Azerbaijan signed a memorandum of understanding establishing a consortium to build and operate the pipeline.
In spring 2012, the process of conducting the technical-economic feasibility study was launched. On 26 June 2012, President of Azerbaijan Ilham Aliyev and then Prime Minister of Turkey Recep Tayyip Erdoğan signed a binding intergovernmental agreement on the pipeline. On March 17, 2015, both Erdogan and Aliyev met with Giorgi Margvelashvili, President of Georgia, in the city of Kars in Eastern Turkey to formally lay the foundations for the pipeline and marking the work as started.
The pipeline is expected to cost US$10-11 billion. $800 billion of funding has been approved by the International Bank for Reconstruction and Development for TANAP. Overall, TANAP will receieve around $3.7 billion in loans, a project which costs around $8.5 billion. The construction is planned to start in 2015 and to be completed by 2018.
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Wikipedia