Rovnag Abdullayev: We managed to implement Southern Gas Corridor segments in Azerbaijan, Georgia and Turkey on schedule and under budget

Baku, July 2, AZERTAC “We managed to simultaneously coordinate and launch the Southern Gas Corridor segments in Azerbaijan, Georgia and Turkey on schedule and under budget,” said SOCAR’s President Rovnag Abdullayev as he commented on the first commercial gas delivery to Turkey from the Shah Deniz 2 development project. “The delivery of first commercial gas via TANAP marks an important milestone in the realization of the Southern Gas Corridor. Notwithstanding the complexity of this mega scale project, we managed to simultaneously coordinate and launch the Southern Gas Corridor segments in Azerbaijan, Georgia and Turkey on schedule and under budget. The construction of the Shah Deniz 2 platforms – both topside units and jackets, fully in Azerbaijan by SOCAR’s affiliate companies is a great track record not only for Azerbaijan but also for the whole region,” he added. The first commercial gas deliveries from the Trans Anatolian Natural Gas Pipeline Project (TANAP) to Turkey started on 30 June 2018. Overall progress in works in relation to the Stage 2 of the development of TANAP project is 94.8 percent. TANAP project costs $8 billion ($5.5 billion spent as of the end of May 2018). The share distribution in TANAP is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji A. Ş (STEAŞ) - 7 percent, Botas - 30 percent, and BP - 12 percent.