• $
  • €
  • ₽
  • ₺
  • £

Baku tells Tehran to join EU pipeline plan

Baku tells Tehran to join EU pipeline plan
18.08.2015 15:00
Fars News Agency has quoted an unnamed official as saying that the proposal was raised during a recent to Iran by an Azeri oil delegation.

"The Azerbaijani delegation officially requested … that Iran participates in the [project to] export natural gas to Europe through Azerbaijan,” the official said.

Once Iran joins the project, there will no longer be any concern for providing the required volumes for exports to Europe, Fars further quoted the official as saying.

The report added that it was agreed during the meetings between the Azerbaijani delegation and Iranian oil officials that it would be much easier for Iran to export its natural gas through Azerbaijan than for Iran to pipe that gas to Europe on its own. 
Azerbaijan reportedly wants to engage Iran in gas exports to Europe through the Trans Adriatic Pipeline (TAP). 

TAP envisages piping natural gas from Azerbaijan to Greece and Albania and thereon to Italy through the Adriatic Sea and further to Western Europe.

The project that was announced in 2003 by Switzerland’s energy group EGL is seen a part of the Southern Gas Corridor - an initiative of the European Commission for gas supplies from Caspian and Middle Eastern regions to Europe.

TAP – which is expected to become operational in 2020 – will start at the Greece-Turkey border where it will be connected with the Trans-Anatolian gas pipeline (TANAP) that will bring gas from Azerbaijan to Turkey through Georgia.
 

www.ann.az
Facebook
Go
Similar news
Similar news
Oil edges higher despite surplus warnings
Business 10:26
Oil edges higher despite surplus warnings
TuranBank Participates in a Tree-Planting Campaign Ahead of Victory Day
Business 16:43
TuranBank Participates in a Tree-Planting Campaign Ahead of Victory Day
Victory Day gift from Yelo Bank: cash loans with 44 interest-free days!
Business 15:34
Victory Day gift from Yelo Bank: cash loans with 44 interest-free days!
Crypto Market Rebounds Sharply as Bitcoin Breaks Past $80,000 Mark
Business 14:00
Crypto Market Rebounds Sharply as Bitcoin Breaks Past $80,000 Mark
Tankers Carrying Russian Diesel to US Divert Course Over Sanctions Concerns — Financial Times
Business 13:30
Tankers Carrying Russian Diesel to US Divert Course Over Sanctions Concerns — Financial Times
Birbank Biznes offers up to 5% discount on micro business loans
Business 12:05
Birbank Biznes offers up to 5% discount on micro business loans
Natural Gas Futures Edge Down on New York's NYMEX Exchange
Business 12:00
Natural Gas Futures Edge Down on New York's NYMEX Exchange
Azeri Light Sells at $106.81, Brent Settles at $96.16
Business 11:30
Azeri Light Sells at $106.81, Brent Settles at $96.16
Central Bank of Azerbaijan Releases Official Exchange Rates: USD, EUR, and RUB Steady
Business 11:00
Central Bank of Azerbaijan Releases Official Exchange Rates: USD, EUR, and RUB Steady
Anews TV

Our official Youtube channel

Subscribe