ECONOMY
TURKEY, AZERBAIJAN SIGN PROTOCOL OF INTENT ON CONSTRUCTION OF TURKEY-AZERBAIJAN`S NAR GAS PIPELINE
Nakhchivan, July 18 (AZERTAC). The State Oil Company of Azerbaijan (SOCAR) and Turkey`s Botas company signed a protocol of intent on construction of the gas pipeline from Turkey to Azerbaijan`s Nakhchivan Autonomous Republic (NAR).
The document was signed by SOCAR President Rovnag Abdullayev and Chairman of Botas`s Board Fazil Senel.
Following signing of the document, Turkish Minister of Energy and Natural Resources Taner Yildiz said regional cooperation between Turkey and NAR in a variety of fields including the energy one is vitally important.
Under the agreement, Azerbaijani gas will be transported to Nakhchivan via Turkey`s Igdir province. The working group will develop technical details of the project.
Speaking to the ceremony, Chairman of the NAR Supreme Majlis Vasif Talybov noted the foundation of the Turkey-Azerbaijan unity was laid by great personalities of the Turkish world - Mustafa Kamal Ataturk and Heydar Aliyev. Actions to strengthen Turkey-Azerbaijan friendship were undertaken by Ataturk in early 20th century and continued and further developed by national leader Heydar Aliyev in late 20th century.
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