BAKU, Azerbaijan, Jan.14
By Leman Zeynalova – Trend:
The Trans Anatolian Natural Gas Pipeline (TANAP) will receive $1.5 billion worth revenues per year after reaching its full capacity, TANAP General Manager Saltuk Duzyol said during an online press conference, Trend reports.
“After TAP and TANAP reach their full capacity, TANAP will get revenues in the amount of $1.5 billion annually,” he said.
Duzyol noted that currently, TANAP transports 32 million cubic meters of gas per day. “TANAP supplied around 5 billion cubic meters of gas to Turkey in 2020.”
TANAP project envisages transportation of gas from Stage 2 of Azerbaijan’s Shah Deniz field from Georgian-Turkish border to Turkey’s western border.
The initial capacity of TANAP is expected to stand at 16 billion cubic meters of gas per year, with possibility of expanding to 31 billion cubic meters per year in the future.
A ceremony to launch Phase 0 of TANAP took place June 12, 2018 in the Turkish city of Eskisehir. First commercial gas deliveries to Turkey commenced on June 30, 2018. The opening ceremony of TANAP’s connecting with Europe took place on Nov. 30, 2019 in Ipsala town (Edirne province, Turkey).
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