Trans-Anatolian Gas Pipeline (proposed)

From Oil4All
Jump to: navigation, search

Overview

The Trans-Anatolian Gas Pipeline (referred to as TAGP or TANAP after its initials in Turkish, so as not to be confused with the Trans-Adriatic Pipeline), was agreed upon following a Memorandum of Understanding (MoU) signed between the governments of Turkey and Azerbaijan in December 2011, which preceded a full intergovernmental agreement in June 2012. As of July 2012, the exact route had not been decided upon, however it is conceived to run for approximately 2,000 kilometres (km). Among the shareholders are Azerbaijani state oil company SOCAR (with an 80% stake), Turkish BOTAS (10%) and Turkish TPAO (10%).

The first gas through TANAP is expected to flow to European markets by 2017. [1]

Capacity

Originally proposed in November 2011 as the non-European Union segment of a Southern Corridor natural gas pipeline to supplant the OMV-led Nabucco pipeline project,[2] TANAP was planned to carry 6 billion cubic metres (bcm) per year of gas from the Shah Deniz One development to fulfil Turkey's own domestic consumption, as well as 10 bcm per year of gas from Shah Deniz Two for re-export to Europe, through either the Trans-Adriatic Pipeline (TAP) or Nabucco West, depending on the final decision on the 'southern gas corridor' route.[3]

References

  1. Azerbaijan’s oil corporation to bid for Petkim sharesHurriyet Daily News, 13 February 2012.
  2. Turkey, Azerbaijan sign Trans-Anatolian gas pipeline agreementOil and Gas Journal, 28 June 2012.
  3. Nabucco West in pipeline 'final' Asia Times Online, 7 July 2012.