Turkey has reportedly accelerated efforts to complete the Trans Anatolian Natural Gas Pipeline Project (TANAP) with projected costs now lowered by $3.2 billion and the first delivery of gas slated for June 2017.
TANAP General Director pointed out that 80 percent of mega projects are completed with a delay and cost overruns. “However, we are seeing a decrease in costs and it seems that the project will finish before its projected date. This is a sign of the political support that the project has received. I think we will continue to make progress on the TANAP project with an even more stable environment after the April 16 referendum.” he added.
“77 percent of the section of the “phase-zero” TANAP line running from the Turkish-Georgian border to Eskisehir has been completed. We plan to make our first gas delivery right at the end of June, if everything goes according to schedule regarding the project. We are keeping costs relatively low and have slashed a total of $3.2 billion from the total budget,” TANAP General Director noted.
“There are three separate projects parallel to each other as pipelines and both TANAP and the South Caucasus Pipeline Expansion project are continuing according to schedule. We will get ready to provide gas to Europe by mid-2019.” he also added.
TANAP will transfer natural gas from Azerbaijan’s Shah Deniz-2 site to Europe via a line of 850 kilometers (528 miles) across Turkey.
The first gas flow through TANAP will take place in 2018. Officials aim to gradually increase the pipeline’s transportation capacity in stages, from the initially projected 16 billion cubic meters per year to 24 billion cubic meters and 31 billion cubic meters.