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27.06.2012 10:33

Erdogan: TANAP project, which we will sing today, will increase the strategic significance of Turkey and Azerbaijan

We will take a very important step in Istanbul today. We will sign the Trans-Anatoly gas pipeline project with President of Azerbaijan Ilham Aliyev, said Turkish Prime Minister Recep Tayyip Erdogan at a group meeting of the Grand National Assembly of Turkey, APA reports.

Erdogan said that this project, which will cost USD 7 billion, will increase the strategic significance of Turkey and Azerbaijan. I wish this project will be profitable for our country, Azerbaijan and Europe.

Passing through Turkish territory Trans-Anatoly gas pipeline will connect Turkey-Georgia border with Turkey-Europe border. So, Azerbaijan will transfer gas to Europe via this route. 80% percent of the project belongs to Azerbaijan, 20% to the partnership- BOTAS-TPAO.

Azeri-Press, 26.06.12

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