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European Commission

MEMO

Brussels, 18 January 2013

Commissioner Oettinger welcomes ratification of TANAP gas pipeline agreement

EU Energy Commissioner Oettinger welcomes the ratification of TANAP gas pipeline agreement and the agreement completed today between the Shah Deniz 2 consortium and Nabucco consortium.

Commissioner Oettinger said: “I am pleased to see that a crucial step towards realisation of the South Corridor has been taken: both Azerbaijan and Turkey have ratified the TANAP agreement, thus enabling a dedicated infrastructure for the transport of Azeri gas to the EU."

TANAP (Trans-Anatolian gas pipeline) will take gas from Shah Deniz gas field 2 in Azerbaijan through Turkey to Europe. In 2018 the Shah Deniz 2 consortium will sell 16 bcma of gas to Turkey and Europe.


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