SOCAR Turkey Energy may become shareholder of TANAP – Rovnag Abdullayev

SOCAR Turkey Energy may become shareholder of TANAP – Rovnag Abdullayev
  • Clock-gray 10:41
  • calendar-gray 15 December 2016

“We are negotiating with World Bank, EBRD, ADB for investing in TANAP. No concrete agreement was reached yet. The matter is about $4 billion. As you know, the Southern Gas Corridor holds 58% stake in TANAP. Of this, 8% may be sold to SOCAR Turkey Energy. The negotiations are already underway. This deal may be reached soon”, Abdullayev said. 

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