Trend: Iran to consider possibility of transporting gas through TANAP

Iran is ready to consider the possibility of transporting its gas to Europe via the Trans-Anatolian pipeline (TANAP). Iranian Minister of Communication and Information Technologies Mahmoud Vaezi made the remarks at a meeting with head of the Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev.

Responding to the offer of the Azerbaijani side, the minister stressed that coordination is needed between the Azerbaijani and the Iranian oil and gas companies in order to meet the needs of the European market in the gas.

TANAP project envisages transporting gas from the Shah Deniz field through Turkey up to the country's border with Europe.

The pipeline's initial capacity is expected to be 16 billion cubic meters per year. About six billion cubic meters of gas will be delivered to Turkey and the rest to Europe. The pipeline's capacity can be further expanded to 31 billion cubic meters of gas per year.
MORE