Turkey’s Energy Min Says TANAP to Be Nationalised

Turkey’s Energy Min Says TANAP to Be Nationalised
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Πεμ, 27 Φεβρουαρίου 2014 - 13:00
The nationalisation of the Trans Anatolian Natural Gas Pipeline (TANAP) project to transport Azeri natural gas to Europe through Turkey has been proposed to Turkey’s cabinet, local media reported on Wednesday, citing energy minister Taner Yildiz.
The nationalisation of the Trans Anatolian Natural Gas Pipeline (TANAP) project to transport Azeri natural gas to Europe through Turkey has been proposed to Turkey’s cabinet, local media reported on Wednesday, citing energy minister Taner Yildiz.

News agency Anadolu Ajansi quoted Taner Yildiz as saying also that the Southern Gas Corridor project, which includes TANAP, is very important for the region and world. Taner Yildiz spoke during the opening of an energy forum in Ankara on Wednesday.

Azeri state-owned oil and gas firm Socar holds a 80% stake in TANAP, while Turkish oil and gas companies BOTAS and TPAO own the remaining 20% of the project.

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