Industry and Energy

Home page

Industry and Energy

Turkey unveils amount of funds to be spent for Igdir-Nakhchivan gas pipeline

18 January 2022 13:19 (UTC +04:00)

Turkey is planning to allocate 185 million lira for the construction of the Igdir-Nakhchivan gas pipeline (13.7 million US dollars, 1 dollar - 13.5031 lira), APA-Economics reports quoting Sabah.

This year the Turkish side will allocate 100 million lira for the construction of the pipeline, while (more than $ 7.4 million), the rest of the total sum will be spent in 2023.
According to the information, the construction of a gas pipeline with the length of 92 km and 500 million capacity a year will be launched this year.
Notably, that currently the gas supply of the Nakhchivan Autonomous Republic is carried out based on the exchange operations with Iran.