Pipeline Capacity on Azerbaijani Gas Transportation to Europe Announced
The pipeline for Azerbaijani gas transportation to
Europe must have the opportunity to expand the
capacity to 24 billion cubic meters per year with a
view to transport the additional gas from
Azerbaijani other fields, BP Azerbaijan president
Rashid Javanshir said at the forum in Baku today.
The forum is dedicated to the creation of a new
complex for oil and gas processing and production of
petrochemical products in Azerbaijan.
"Shah Deniz second stage development project is a
very important strategic project," he said. "Its
mission is to open 'Southern gas corridor', which
will transport Caspian gas to the European markets."
"Six billion cubic meters of gas from Shah Deniz
field second stage development will be delivered to
Turkey, and at least ten billion - through Turkey
and then to Europe," Javanshir said.
He said that the transit of gas via Turkey has two
variants. The first variants is a modernization of
the existing infrastructure of the Turkish state
pipeline company BOTAS, and the second variant - the
construction of Trans Anadolu gas pipeline (TANAP)
Azerbaijan and Turkey plan to create a pipeline from
the Turkish eastern border to the western border of
the country. At present, BOTAS has a 20 percent
stake in TANAP, and State Oil Company of Azerbaijan
(SOCAR) - 80-percent share.
"This is a very important strategic project for both
Azerbaijan and Turkey," BP Azerbaijan president said.
"We are concurrently working on these two variants."
Two main directions - Italian (TAP) and the
direction of South-Eastern and Central Europe (which
includes "Nabucco" and SEEP) are being considered to
transport gas from Shah Deniz field second stage.
"Nabucco has introduced a new concept," he added. "According
to it, gas pipeline may begin from the Turkish-European
border. We are currently assessing the project. Two
projects - Nabucco and SEPP are very interesting. We
have created transparent criteria to choose the
direction. According to the criteria, the choice
will be made."
'Southern Gas Corridor' is one of priority energy
project for the EU. It is intended to diversify the
routes and sources of energy supplies and thereby to
increase the EU energy security. The 'Southern Gas
Corridor' projects include "Nabucco", Trans Adriatic
Pipeline (TAP), TANAP.
Apr 10, 2012