ECONOMY
Azerbaijan becomes first largest gas supplier of Turkey
Baku, December 28, AZERTAC
By exporting 932 million cubic meters of gas to Turkey in October, Azerbaijan became the country`s largest gas supplier.
According to Turkey’s Energy Market Regulatory Authority (EMRA) report, Turkey`s gas import from Azerbaijan increased by 113 million cubic meters in October compared to September this year.
Azerbaijan exported 7.8 billion cubic meters of gas to Turkey in 10 months of 2019. The country exported more than 7.6 billion cubic meters of gas last year.
Turkey imports natural gas from Azerbaijan via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) and Trans-Anatolian Natural Gas Pipeline (TANAP). Commissioned at the end of 2006, the South Caucasus Pipeline currently supplies Shah Deniz gas to Azerbaijan, Georgia and Turkey. The expansion of the South Caucasus Pipeline is part of the Shah Deniz Full Field Development project.
The SCP Co. shareholders are: BP, operator (28.8 per cent), AzSCP (10.0 per cent), TPAO (19 per cent), Petronas (15.5 per cent), Lukoil (10 per cent), NICO (10 per cent) and SGC Midstream (6.7 per cent).
The length of TANAP is 1,850 kilometers with an initial capacity of 16 billion cubic meters of gas. Around six billion cubic meters of this gas is meant to be delivered to Turkey, with the remaining volume to be supplied to Europe.
The share distribution in TANAP is as follows: Southern Gas Corridor CJSC (51 percent), SOCAR Turkey (7 percent), Botas (30 percent), and BP (12 percent).