• $
  • €
  • ₽
  • ₺
  • £

SOCAR gas projects won’t be affected by Russia-Turkey pipe

SOCAR gas projects won’t be affected by Russia-Turkey pipe
29.05.2020 08:53
SOCAR President Rovnaq Abdullayev has said projects to deliver Azerbaijani gas to Europe via the so-called South Gas Corridor will not be affected by the planned Russia-Turkey pipeline.

"As we have already said, we are not rivals (with Gazprom),” Abdullayev told reporters in Baku on Dec. 8. "Each of us has its own market.”

The South Gas Corridor will comprise three pipelines stretching all the way from Baku to southern Italy via Georgia, Turkey, Greece and Albania.

These will include the South Caucasus Pipeline Expansion (SCPX), Trans-Anatolia pipeline (Tanap) and Trans-Adriatic Pipeline (TAP).

Abdullayev said Tanap partners have received no offer to deliver Russian gas to Europe.

"All issues have been resolved, and I think there will be no problems with the implementation of the South Gas Corridor projects,” he said, adding that Azerbaijan has signed contracts to export gas to Europe until 2046. 

Russian President Vladimir Putin said on Dec. 2 Gazprom scrapped the planned South Stream pipeline to Bulgaria because of objections from the European Union and agreed with Turkey to build a new one under the Black Sea.  
 
ANN.Az

Twitter
Go
Similar news
Similar news
Chamber of Accounts Approves Opinions on 2027 State Budget and SSPF Drafts
Business 17:30
Chamber of Accounts Approves Opinions on 2027 State Budget and SSPF Drafts
Azerbaijan Natural Gas Consumption Drops 6.7% in Q3 — SOCAR
Business 17:00
Azerbaijan Natural Gas Consumption Drops 6.7% in Q3 — SOCAR
Natural Gas Futures Tick Up on NYMEX for December Delivery
Business 12:30
Natural Gas Futures Tick Up on NYMEX for December Delivery
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Business 11:56
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Business 11:00
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Business 10:30
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Gold and Silver Advance on COMEX in Latest Trading Session
Business 10:00
Gold and Silver Advance on COMEX in Latest Trading Session
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
Business 09:30
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
SOCAR Commissions Its 100th Petrol Station in Romania
Business 18:03
SOCAR Commissions Its 100th Petrol Station in Romania
Anews TV

Our official Youtube channel

Subscribe