• Natural Gas News

    The Daily Star: Pipe Dreams? Turkey Aims to Be Gas Transit Hub

    old

Summary

With two gas pipelines planned in the country, Turkey is set to become an important hub for gas in Europe, but it won't be plain sailing for the country

by: Erica Mills

Posted in:

Press Notes

The Daily Star: Pipe Dreams? Turkey Aims to Be Gas Transit Hub

Turkey has staked a claim to become a major transit hub with two new pipelines to pump gas from Azerbaijan and Russia to Europe, but boasting may prove easier than fulfilling the ambitious projects. Turkey and Azerbaijan last week started work on the new 1,850 kilometer overland Trans-Anatolian Natural Gas Pipeline (TANAP) which by 2018 aims to provide 10 billion cubic meters of gas per year (bcma) to European consumers and 6 bcma to Turkish customers.

At the same time Turkish and Russian officials are in intense negotiations to agree terms for a brand new Turkish Stream pipeline under the Black Sea.

Read the full article HERE.