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  • Signing ceremony of agreements on increasing shares in Shah Deniz-2 and TANAP held
    édité le 04/06/2014 - Plus de news de "Socar" - Voir la fiche entreprise de "Socar"


Signing ceremony of agreements on increasing shares in Shah Deniz-2 and TANAP held
n May 30, the signing ceremony of agreements on increasing shares of Turkey in the projects of Shah Deniz-2 and TANAP was held in Istanbul. The ceremony was attended by Turkish Prime Minister Recep Tayyip Erdogan, Minister of Energy and Natural Resources Taner Yildiz, Azerbaijani Minister of Energy Natig Aliyev, and SOCAR President Rovnag Abdullayev.

Four agreements were signed at the ceremony. The first document on the sale of Total’s share by TPAO was signed by TPAO Director General Besim Sisman and Director General of Total-Azerbaijan Christian Giudicelli. The second document on the sale of TANAP shares was signed by Botas Director General Mehmet Konuk and SOCAR President, Head of Board of TANAP, Rovnag Abdullayev. The third document on gas transportation was signed by Botas Director General Mehmet Konuk and SOCAR President, Head of Board of TANAP, Rovnag Abdullayev. The fourth document - an intergovernmental protocol between Turkey and Azerbaijan on TANAP was signed by Azerbaijani Minister of Energy Natig Aliyev and Turkish Minister of Energy and Natural Resources Taner Yildiz.

Speaking at the event, SOCAR President Rovnag Abdullayev pointed out the signing ceremony as a historic day and noted that as a new stage of realization of Heydar Aliyev’s quotation “One nation, two states”. Mr. Abdullayev expressed gratitude to Azerbaijani President Ilham Aliyev and Turkish Prime Minister Recep Tayyip Erdogan for their contributions to the realization of the project. As he said, under the signed agreements, TPAO’s equity in the Caspian Sea increases to 19% from 9%. Turkish Minister of Energy and Natural Resources Taner Yildiz said in his speech that $100 bln-contract had been signed with 9 EU countries within the project. Turkey shares all projects in the Caspian with the agreements signed in Istanbul. Turkish Prime Minister Recep Tayyip Erdogan noted that they were pleased to be second in the investments in the Caspian Sea after BP. As he said, the situation within the Caspian Sea, Eastern Mediterranean Sea and Northern Iraq energy sources will strengthen Turkey’s position. The Prime Minister noted that the TANAP would play an important role not only between Azerbaijan and Turkey, but also in cooperation between Turkey and European countries.

About TANAP

Trans Anatolia Natural Gas Pipeline (TANAP) Project intends for the transportation of the natural gas to be produced in Shah Deniz 2 field and other fields of Azerbaijan (and other possible neighboring countries) through Turkey to Europe. Memorandum of Understanding was signed between the governments of Turkey and Azerbaijan on December 24, 2011 in Ankara. The companies appointed upon a joint consortium dedicatedly constituted for this project by both countries comprise of State Oil Company of Azerbaijan (SOCAR), and Petroleum Pipeline Corporation of Turkey (BOTAS) and/or Turkish Petroleum Corporation (TPAO). Trans Anatolia Natural Gas Pipeline (TANAP) Project is planned to begin from Georgia-Turkey border and go through the provincial borders of Ardahan, Kars, Erzurum, Bayburt, Gümüşhane, Erzincan, Sivas, Yozgat, Kırıkkale, Ankara, Eskişehir, Bilecik, Kütahya, Bursa, Balıkesir, Çanakkale, Tekirdağ, Edirne, respectively.

About Socar

The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan. Three production divisions, two oil refineries and one gas processing plant, an oil tanker fleet, a deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions are operating as corporate entities under SOCAR.


Origine : Communiqué Socar

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