• $
  • €
  • ₽
  • ₺
  • £

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
Similar news
Similar news
Middle Corridor Success Relies on Robust Business Climate: AFchamber Head
Business 12:32
Middle Corridor Success Relies on Robust Business Climate: AFchamber Head
Gold and Silver Futures Decline on COMEX
Business 12:00
Gold and Silver Futures Decline on COMEX
Azeri Light Crude Rises to $119.68 per Barrel
Business 11:27
Azeri Light Crude Rises to $119.68 per Barrel
Oil prices rise as Brent crosses $110 and WTI climbs towards $99
Business 11:00
Oil prices rise as Brent crosses $110 and WTI climbs towards $99
Natural gas futures edge down on NYMEX
Business 10:30
Natural gas futures edge down on NYMEX
Central Bank of Azerbaijan sets official exchange rates for October 21
Business 09:59
Central Bank of Azerbaijan sets official exchange rates for October 21
Azerbaijani Travelers Generate $78.8M for Georgia in Q3
Business 17:00
Azerbaijani Travelers Generate $78.8M for Georgia in Q3
Registration opens for the fourth wave of the She’s Next program
Business 16:46
Registration opens for the fourth wave of the She’s Next program
East Azeri Platform Reaches 645 Million Barrels of Oil Output
Business 16:30
East Azeri Platform Reaches 645 Million Barrels of Oil Output
Anews TV

Our official Youtube channel

Subscribe