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Azerbaijan, Turkey, Turkmenistan and the EU are negotiating on gas supply2012-09-03 13:40
Today, the EU Commissioner for Energy Günther Oettinger meets with the energy ministers of Turkmenistan, Azerbaijan and Turkey in Turkmenistan. In an interview to the Trend, the head of the press service of the Ministry of Industry and Energy of Azerbaijan Azer Mensimli confirmed on Monday that the Industry and Energy Minister Natig Aliyev went to Turkmenistan to participate in the planned talks.gt-en-newsitem-inside
As reported on Monday by News.am referring to the Turkish newspaper Hurriyet, the Trans-Anatolian gas pipeline (TANAP) is interested in the Turkmen gas. This issue must be discussed at the talks in Turkmenistan.
Transportation of Turkmen gas via Azerbaijan is possible due to the construction of the Trans-Caspian gas pipeline under the Caspian Sea, which will deliver gas from Turkmenistan to Europe.
The initial capacity of the pipeline is expected to reach 16 billion cubic meters a year. About six billion cubic meters will be delivered to Turkey, and the rest - to Europe.
Azerbaijan and Turkey signed an intergovernmental agreement on the project pipeline Transanatoliyskogo (TANAP) on June 26. 20-percent stake in TANAP is owned by the Turkish BOTAS. SOCAR (State Oil Company of Azerbaijan) owns 80 percent.