The main segment of the EU’s long-planned ‘Southern Gas Corridor’ (SGC), called the Trans-Anatolian Natural Gas Pipeline (TANAP), has reportedly been completed and is ready to export Azerbaijani gas to Europe. The completion was confirmed in a statement made by the State Oil Company of the Azerbaijan Republic (SOCAR).
The completion of TANAP marks a milestone in Europe’s push for energy security and will contribute greatly to Azerbaijan’s revenue. The 1,850 km pipeline runs from Ardahan in northeast Turkey to Ipsala on the border with Greece, making it the longest and widest natural gas pipeline passing through the Middle East into Turkey. It will reportedly transport a supply of up to 10 Bcm/year of Shah Deniz-2 field’s gas in Azerbaijan to Europe after the completion of the SGC’s final segment; the Trans Adriatic Pipeline (TAP). TAP will take gas through Greece and Albania into Italy.
SOCAR said that Azerbaijani gas is expected to reach European markets by 2020. Meanwhile, Rovnag Abdullayev, president of SOCAR stated that during the construction of TANAP, SOCAR and its partners saved around $5 billion, which helped to bring down the overall project cost by almost 40%. The share distribution of TANAP shareholders is reported as follows: Southern Gas Corridor CJSC – 51%, SOCAR Turkey Enerji – 7%, Botas – 30%, BP – 12%.
The first phase of TANAP from the Turkish-Georgian border to Eskişehir was completed and opened in June 2018. Turkey received first commercial gas on 30th June 2018. Meanwhile, the second phase of the project from Eskişehir to the Turkish-Greek border was successfully completed at the end of last month. TANAP, was made using 150,000 steel pipes with a length of 13 meters each and designed to carry around 16 billion cubic meters of natural gas annually. Out of that, 6 billion cubic meters will be used to meet Turkey’s demands while the remaining 10 billion cubic meters will be sent to Europe.