• $
  • £

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
First loan at Yelo Bank: commission-free and discounted!
Business 15:33
First loan at Yelo Bank: commission-free and discounted!
Azerbaijan to export 42 railcars of diesel fuel to Armenia
Business 15:00
Azerbaijan to export 42 railcars of diesel fuel to Armenia
Egypt invites SOCAR to expand its presence in its market
Business 13:30
Egypt invites SOCAR to expand its presence in its market

Bitcoin price drops below $65,000
Business 10:30
Bitcoin price drops below $65,000
Azeri Light crude oil price rises on world markets
Business 09:30
Azeri Light crude oil price rises on world markets
OPEC experts say oil supply recovery after crisis could take more than a year
Business 17:00
OPEC experts say oil supply recovery after crisis could take more than a year
Lithuania interested in using Middle Corridor via Azerbaijan
Business 16:30
Lithuania interested in using Middle Corridor via Azerbaijan
Azerbaijan to revise rules governing IDP status
Business 16:00
Azerbaijan to revise rules governing IDP status
Water reserves at Sarsang reservoir reach 320 mln cubic metres
Business 15:30
Water reserves at Sarsang reservoir reach 320 mln cubic metres
Anews TV

Our official Youtube channel

Subscribe