Tag Archives: TANAP

TANAP project to enter into service in June

The Trans-Anatolian Natural Gas Pipeline (TANAP) project will enter into service as of June 12, Energy and Natural Resources Minister Berat Albayrak said Friday. Turkey will launch its first deep sea oil and gas drill in the Mediterranean this summer, Albayrak added.

 

Source: www.dailysabah.com

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TANAP project 75 percent complete

Over 75 percent of the work on the TANAP project for the delivery of Azerbaijani natural gas to Turkey has been completed, Azertac reported citing TANAP Director General Saltuk Duzyol. He went on to say that TANAP is being constructed in two phases, including Phase-0 is of 56 inches diameter and 1 334 km long. Construction works in this phase are being carried out on the route starting from Turkish-Georgian border stretching to Eskisehir.

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TANAP strengthens grievance redress mechanism

The consortium of Trans-Anatolian Natural Gas Pipeline (TANAP) project has set up Appeals Committees in order to bring credibility to the grievance redress process. The Appeals Committees are comprised of independent members who are not associated with the project’s implementation.The Committees will meet at least once a month or more often depending on the number and frequency of complaints made directly to them.

 

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AIIB approves $600M loan for TANAP project

Asian Infrastructure Investment Bank (AIIB) has approved allocation of a loan worth $600 million for the Trans-Anatolian Natural Gas Pipeline (TANAP) project.

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Russia ratifies bill on Turkish Stream gas pipeline

Russia announced late on Dec. 16 that it had approved a bill to ratify the Turkish Stream natural gas pipeline project. The bill was passed by the Russian government and was sent to the Duma, the lower house of Russia’s parliament, the Kremlin said in a statement.

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TANAP’s construction accelerates, costs decrease

The construction of the Trans Anatolian Natural Gas Pipeline (TANAP) project which plans to carry Azeri gas to Europe, is ahead of schedule and under budget by $3.2 billion, TANAP General Manager has said.

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Agreement on Turkish gas pipeline ‘nearly completed’

The final touches to the agreement to pipe Russian natural gas through Turkey should be completed when President Vladimir Putin meets his Turkish counterpart Recep Tayyip Erdogan in Istanbul on Monday, Energy Minister Alexander Novak said.

ahead of the World Energy Congress, which opened Sunday, Novak said the wording of the Turkish Stream intergovernmental agreement had largely been agreed.

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Russia-Turkey agreement on Turkish Stream expected to be drafted by mid-October

September 27 Moscow and Ankara will continue consultations on the Turkish Stream gas pipeline project later this week with eye of drafting an intergovernmental agreement by mid-October, Russian Minister of Energy Alexander Novak said on Tuesday.

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Southern Corridor gas pipeline is on schedule, BP official says

The Southern Corridor natural gas pipeline system, which aims to transport gas 2,175 miles from the Caspian Sea to southern Europe, is on schedule and expected to come in under budget, a BP PLC official told an Atlantic Council forum on Sept. 21.

There still are potential technical delays that remain for this project,” said Joe Murphy, Southern Corridor vice-president for BP’s Azerbaijan-Georgia-Turkey operations. “This economic environment is different from when the partners signed the contracts, but if we can continue meeting deadlines on time, the project will be economic.

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Azerbaijan realizes 45.5% of its SGC financing obligations

Azerbaijan has already realized 45.5 percent of its SGC financing obligations. Azerbaijan is fully committed to invest in Southern Gas Corridor (SGC), including the Shah Deniz-2 project, and continues to meet its financial obligations on time, SGC Co CEO Afgan Isaev told Natural Gas Europe,

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