Nabucco, ITGI and TAP submit final proposals to Azerbaijan

03.10.2011 [19:41]
Print
A⁺ A^-

Baku, October 3 (AZERTAC). All three pipeline projects, aimed at transporting Azerbaijani gas to Europe under the second phase of the project on development of the Shahdeniz gas-condensate field submitted final proposals to the Azerbaijani side.

Pipeline projects Nabucco, ITGI and TAP have submitted their proposals to the Shahdeniz-2 consortium.

The Azerbaijani side is going to deliver 10 billion cubic meters of gas per year to Europe under the Shahdeniz-2 project through the chosen pipeline.

The Shahdeniz-2 consortium will review proposals submitted in accordance with previously announced criteria, including commercial attractiveness, ability for project realization from the technical and financial point of view, engineering and design work, management, coordination and transparency, the possibility of a phased scale-up and other criteria.

Two offshore platforms will be installed and 26 subsea wells will be drilled on the Shahdeniz field to produce an additional 16 billion cubic meters of gas per year under the second phase.

Peak production at the field is projected at 9 billion cubic meters at the first phase.

Nabucco, ITGI and TAP submit final proposals to Azerbaijan

FEEDBACK

Other news in this section