Trans-Anatolian gas pipeline
|Trans-Anatolian gas pipeline|
|Owner||TANAP project company|
|Maximum discharge||24×109 m3 (850×109 cu ft) per year|
The Trans-Anatolian gas pipeline (TANAP) is a proposed natural gas pipeline from Azerbaijan through Turkey to Europe. If constructed, it would transport gas from the second stage of the Shah Deniz gas field.
The project was announced on 17 November 2011 at the Third Black Sea Energy and Economic Forum in Istanbul. On 26 December 2011, Turkey and Azerbaijan signed a memorandum of understanding establishing a consortium to build and operate the pipeline.
In spring 2012, the process of conducting the technical-economic feasibility study was launched. Orders for pipes and construction equipment are expected to be made by autumn 2012. On 26 June 2012, President of Azerbaijan Ilham Aliyev and Prime Minister of Turkey Recep Tayyip Erdoğan signed a binding intergovernmental agreement on the pipeline.
The pipeline is expected to cost US$7 billion. The construction is planned to start in 2014 and to be completed by 2018.
The planned capacity of the pipeline would be 16 billion cubic metres (570 billion cubic feet) of natural gas per year at initial stage and would be increased later up to 23 billion cubic metres (810 billion cubic feet) by 2023, 31 billion cubic metres (1.1 trillion cubic feet) by 2026, and at the final stage 60 billion cubic metres (2.1 trillion cubic feet) to be able to transport additional gas supplies from Azerbaijan and, if the Trans-Caspian Gas Pipeline, from Turkmenistan. Its capacity would be increased by adding parallel loops and compressor stations according to the increase of available supplies.
The pipeline will run from Georgian–Turkish border to Turkish European border. The exact route of the pipeline is not clear. However, it was announced that one branch from Turkey would go to Greece and the other to Bulgaria. It is expected to be connected with Nabucco-West  or Trans Adriatic Pipeline, if built. 
SOCAR (80%), BOTAŞ (15%), and TPAO (5%) are the founding members of the consortium. SOCAR has the right to sell a part of its shares to minority partners. It has invited BP, Statoil and Total S.A. to become minority shareholders in this project. The TANAP project company will be headquartered in the Netherlands.
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