home . news & publications . Investment News . President Aliyev Approves TANAP Agreement Between Azerbaijan and Turkey

President Aliyev Approves TANAP Agreement Between Azerbaijan and Turkey

President Ilham Aliyev has approved an agreement on the Trans-Anatolian Natural Gas Pipeline Project (TANAP) between Azerbaijan and Turkey.

The construction of TANAP is planned to start this year and will be completed by 2018.

In its initial stage, the planned capacity of the pipeline will be 16 billion cubic meters of natural gas per year.

By 2023, however, the capacity will be increased to 23 billion cubic meters, and by 2026 will reach 31 billion cubic meters.

The State Oil Company of Azerbaijan SOCAR and Turkey are the founding members of the consortium.

Source: AzerTAc

Back to top

subscribe

events view our upcoming events.

network follow us.



   facebook  linkedin  twitter

 bp
anglo-asian ata-holding
azpetrol statoil
bny_melon azertrans
chevron_logo conocophillips
  ibar exxonmobil
 solar-turbines boeing-logo-website
 
  
 
           
        
   
 
 
         pg
    ekvitasocaraqs            
          ge