Turkish President Erdogan meets his Azeri Counterpart Aliyev

KARS: In the sidelines of the groundbreaking ceremony of Trans Anatolian Pipeline (TANAP), Turkish President Recep Tayyip Erdogan met with his Azeri Counterpart Ilham Aliyev in eastern Turkish province of Kars. Two counterparts met in social facilities of Turkish Highways.

The Trans-Anatolian Natural Gas Pipeline (TANAP), (Turkish: Trans-Anadolu Dogalgaz Boru Hatti) is a natural gas pipeline from Azerbaijan through Turkey to Europe. It will be a central part of the Southern Gas Corridor, which will connect the giant Shah Deniz gas field in Azerbaijan to Europe through the South Caucasus Pipeline (SCP), TANAP and the Trans Adriatic Pipeline (TAP).

This project is of strategic importance for both Azerbaijan and Turkey. It will allow first Azerbaijani gas exports to Europe, beyond Turkey. It will also strengthen the role of Turkey as a regional energy hub.

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.[3] On 26 June 2012, President of Azerbaijan Ilham Aliyev and then Prime Minister of Turkey Recep Tayyip Erdogan signed a binding intergovernmental agreement on the pipeline.

SOURCE: CIHAN