The Trans Adriatic Pipeline AG announces that a total of 10 billion cubic meters of natural gas from Azerbaijan has now entered Europe.
The Trans Anatolian Natural Gas Pipeline, the major segment of the Southern Gas Corridor, is ready to supply Azerbaijani gas directly to Europe as of 1 July.
ABB’s innovative security, monitoring and communications technology has been installed on the 1850 km Trans-Anatolian Natural Gas Pipeline (TANAP).
Norton Rose Fulbright advises on MIGA backed financing investment in the Trans-Anatolian Natural Gas Pipeline.
TANAP Natural Gas Pipeline Project is one of 2 natural gas projects which is selected for financial assistance.
The pipeline forms part of the Southern Gas Corridor, an EU project designed to lessen dependence on gas imports from Russia.
The European Bank for Reconstruction and Development has approved crucial US$500 million financing for a pipeline to bring Azeri gas from the Caspian Sea to the EU.