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TANAP project envisages transportation of 16 billion m3 Azerbaijani gas to Europe 2011.12.27

Baku, Azerbaijan Republic - December 26, 2011 - Azerbaijan's Industry and Energy Ministry and Turkey's Energy and Natural Resources Ministry signed a memorandum of understanding (MoU) concerning the construction of the Trans Anadolu Gas Pipeline (TANAP). TANAP project envisages transportation of Azerbaijani gas produced from Shah Daniz II field to Europe passing through Georgia and Turkey.

From left to right: Rovnag Abdullayev, President of the State Oil Company of the Republic of Azerbaijan (SOCAR); Azerbaijan's Industry and Energy minister Natig Aliyev; Turkey's Energy and Natural Resources minister Taner Yildiz and Fazıl ŞENEL, Chairman of the Board and General Manager at BOTAŞ.
Courtesy of SOCAR
 

Baku, Azerbaijan Republic - December 26, 2011

Memorandum for construction of Trans Anadolu Gas Pipeline signed


Azerbaijan's Industry and Energy Ministry and Turkey's Energy and Natural Resources Ministry signed a memorandum of understanding (MoU) concerning the construction of the Trans Anadolu Gas Pipeline (TANAP).

Oil and Gas Construction Trust
Courtesy of SOCAR
 
The MoU was signed by Azerbaijan's Industry and Energy minister Natig Aliyev and Turkey's Energy and Natural Resources minister Taner Yildiz.


Oil and Gas Construction Trust
Courtesy of SOCAR
 
It was noted that following from the wide ranging inter-governmental gas transit agreement signed by the two countries on October 25, existing transportation system will be used or a new alternative pipeline will be constructed for transportation of Azerbaijani gas through Turkey.


Azeri Chirag Deep Water Gunashli
Courtesy of SOCAR
 
Signing of the MoU on the construction of the Trans Anadolu Gas Pipeline creates favorable conditions for preliminary works for construction of the pipeline and establishment of the joint consortium
.

Azeri Chirag Deep Water Gunashli
Courtesy of SOCAR
 
Under the MoU, State Oil Company of the Azerbaijani Republic (SOCAR), the state-owned Turkish Pipeline Corporation (BOTAŞ) and its oil company TPAO become the first members of the pipeline consortium.

The instrument states that third-party international oil and natural gas companies would be allowed to join the consortium later during the construction process.

Gas Processing Plant
Courtesy of SOCAR
 
Speaking at the signing ceremony, Azerbaijan's Industry and Energy minister Natig Aliyev said TANAP Memorandum opens a new era in oil and gas sector between the two countries.

As he noted, presently, Azerbaijani natural gas is successfully transported to Turkey via the Baku-Tbilisi-Erzurum pipeline, whereas its oil flows via the Baku-Tbilisi-Ceyhan pipeline.

Gas Processing Plant
Courtesy of SOCAR
 
He pointed out that future pipelines will contribute to the development of economic relations between Turkey and Azerbaijan.

In turn, Turkey's Energy and Natural Resources minister Taner Yildiz estimated the signed memorandum as the next success in the energy diplomacy of the two countries.

Gas Processing Plant
Courtesy of SOCAR
 
During the briefing, the ministers spoke about estimating works on transportation of Azerbaijani gas to the European countries, as well as Nabucco and other export routes.

It was mentioned that TANAP project envisages transportation of Azerbaijani gas produced from Shah Daniz II field to Europe passing through Georgia and Turkey.

Gas Processing Plant
Courtesy of SOCAR
 
Within the development of Shah Daniz-2 project, 16 bcm of gas will be transported to Turkey, 6 bcm of which will be provided for domestic demand of Turkey and the rest 10 bcm will be exported to Europe
.


Source: SOCAR

http://new.socar.az/socar/en/news-and-media/news-archives/news-archives/id/4086  



About SOCAR


The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.

 
 
Three production divisions, two oil refineries and one gas processing plant, an oil tanker fleet, a deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions are operating as corporate entities under SOCAR.

Joint ventures (including ventures in Georgia and Turkey), consortia, and operating companies established with SOCAR's participation, are doing business in different parts of the petroleum industry.

SOCAR has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Great Britain, Iran, Germany and Ukraine and trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.


Source: SOCAR

http://new.socar.az/socar/en/company/about-socar/discover-socar  



About BOTAŞ


BOTAŞ was established on August 15, 1974 by The Turkish Petroleum Corporation (TPAO) under Decree No 7/7871, for the purpose of transporting Iraqi crude oil to the Ceyhan (Yumurtalık) Marine Terminal, in accordance with the Iraq-Turkey Crude Oil Pipeline Agreement signed on August 27, 1973 between the Governments of the Republic of Turkey and the Republic of Iraq.

 
 
Because of Turkey’s increasing need for diversified energy sources, since 1987 BOTAŞ has expanded its original purpose of transporting crude oil through pipelines to cover natural gas transportation and trade activities, therefore becoming a trading company.

BOTAŞ’s monopoly rights on natural gas import, distribution, sales and pricing that was granted by the Decree of Natural Gas Utilization No. 397 dated February 9, 1990, were abolished by the Natural Gas Market Law.
The Law covers import, transmission distribution, storage, marketing, trade and export of natural gas and the rights and obligations of all real and legal persons related to these activities.

BOTAŞ undertakes on its activities as a major market player pursuant to the Natural Gas Market Law No. 4646.


Source: BOTAŞ

http://www.botas.gov.tr/index.asp  



Rovnag Abdullayev

President of the State Oil Company of the Republic of Azerbaijan (SOCAR)

Rovnag Abdullayev
Courtesy of SOCAR
 
Rovnag Abdullayev was born in Nakhchivan city on April 3, 1965.

In 1982 he entered the Industrial and Civil Construction Engineering Department of Azerbaijan Construction Engineering Institute. Having performed active service in the army, in 1985 he was transferred to the Construction Engineering Institute named after V. Kuybishev in Moscow.

In 1989 Mr. Abdullayev graduated from that Institute and started working at Neft Dashlari (Oil Rocks).

Since 1990 he had been working as an engineer in the Construction Department of the 28th of May Oil and Gas Production Department.

Starting from 1991 he had been working as the Head of the Production Technology Department of the Construction and Assembling Management #3 of the Khazardenizneftgazinshaat (Caspian Sea Oil and Gas Construction) Trust.

Since 1997 R. Abdullayev had been working as the Head of the Khazardenizneftgazinshaat Trust.

On March 31, 2003 he was appointed Director of Baku Oil Refinery named after Heydar Aliyev.

On November 6, 2005 he was elected to Milli Majlis (Parliament of Azerbaijan) of the third convocation.

On December 9, 2005 Mr. Abdullayev was appointed President of the State Oil Company of the Republic of Azerbaijan (SOCAR).

On March 14, 2008 he was appointed President of AFFA (Azerbaijan Football Federations’ Association).

On November 7, 2011 he was elected to Milli Majlis of the fourth convocation.

Rovnag Abdullayev is married. He has a son and a daughter.


Source: SOCAR

http://new.socar.az/socar/en/company/management/SOCAR-president  



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