Azer News: TAP, TANAP low-risk projects: SOCAR

The Trans-Adriatic (TAP) and Trans-Anatolian (TANAP) gas pipeline projects fall into the low-risk category. The remarks were made by head of Azerbaijan's state energy company SOCAR Rovnag Abdullayev in his recent interview with The Business Year magazine.

"TAP and TANAP are very well positioned due to their strategic importance for Europe's energy security", he said. Therefore, Abdullayev noted, the projects are supported not only by the participating member countries, but also by the European Union (EU) as a whole.

"Being aware of potential risks and challenges, we constantly work with our partners to identify risks and implement effective risk management strategies, which is an ongoing process", he said.
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