President Ilham Aliyev: The commissioning of TANAP will usher ample opportunities for neighboring and friendly countries
Baku, June 13, AZERTAC “The commissioning of TANAP today will usher ample opportunities for neighboring and friendly countries. TANAP links seven countries and many companies. TANAP, which is an integral part of the Southern Gas Corridor, is an indispensable infrastructure project addressing energy security issues today and in the future,” said President of Azerbaijan Ilham Aliyev as he addressed the inauguration of the TANAP project in the city of Eskisehir, Turkey. “The official opening ceremony of the Southern Gas Corridor was organized in Baku two weeks ago, on May 29. The Southern Gas Corridor consists of four major projects. The development of the Shah Deniz-2 gas field, the reserves of this field are estimated at 1.2 trillion cubic meters, the South Caucasus Pipeline, TANAP and TAP projects. Three of these four projects have already been implemented and completed. TAP is 72 per cent through. I am confident that the TAP project will also be completed in the next two years. Thus, the largest infrastructure project in Europe, the Southern Gas Corridor, which requires investments of $40 billion, will be implemented. This historic achievement will allow us the opportunity to supply Azerbaijan's ample gas resources to the markets of Turkey and Europe in a short, safe and diversified manner,” the head of state said.