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Turkey, Azerbaijan to sign gas pipeline deal

Istanbul, December 25, 2011

Azerbaijan and Turkey will sign a memorandum of understanding tomorrow (Dec. 26) to build a Trans-Anatolian gas pipeline project, which will carry Azeri gas across Turkey to Europe, Turkish energy ministry said in a statement on Sunday.

Azeri state energy company Socar, Turkey's state pipeline company Botas and Turkey's state energy company TPAO will be the initial partners in the project and other international oil and gas companies may join the consortium during the process, it said.

Last month the president of Azeri state energy company Socar Rovnag Abdullayev said Azerbaijan and Turkey have started work on a trans-Anatolian pipeline project to carry Azeri gas across Turkey. – Reuters




Tags: Turkey | Istanbul | Azerbaijan | gas pipeline | Socar |

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