Turkey, Azerbaijan sign $7b gas pipeline deal

Turkey, Azerbaijan sign $7b gas pipeline deal

PanARMENIAN.Net - Turkey and Azerbaijan signed a deal to build a $7 billion Trans-Anatolian natural gas pipeline (TANAP) to carry Azeri gas to European markets, Hurriyet Daily News reported.

“We firmly support the southern natural gas corridor projects that envisage transferring natural gas from the Caspian basin and Central Asia to Europe via alternative routes, in order to provide our own energy supply security and to contribute to the energy supply security of Europe,” Turkish Prime Minister Recep Tayyip Erdoğan said.

He had previously said the project would pump gas not only from the Shah Deniz field, but also from other resources owned by Baku in the Caspian. “It will also be possible for Turkmenistan to ship gas to this project,” he added.

 Top stories
Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert.
On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Partner news
---