No regional project may compete with TANAP - president

No regional project may compete with TANAP - president
# 18 October 2016 10:52 (UTC +04:00)

“TANAP is a part of the Southern Gas Corridor. The Southern Gas Corridor consists of four components. The matter is about development of Shahdeniz, construction and expansion of the Southern Gas Corridor, then construction of TANAP and TAP. At the first stage of this project, gas sale contracts were signed and gas was sold. We signed contracts on increase of production and this process will run starting 2018. The production will reach a peak in 2020-2021. Therefore, other regional energy projects cannot compete with TANAP”, the head of state said.

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