Turkey expects $4 billion income from TANAP

Income to the Turkish economy from the Trans-Anatolian gas pipeline project (TANAP) will amount to $4 billion, Turkish Energy and Natural Resources Minister Taner Yildiz said, Sabah newspaper reported on Wednesday.

According to him, the construction of TANAP will commence in 2014.

The minister added that the project will contribute to the development of 19 cities of the country.

A total of 1.8 million tons of steel pipes will be laid for the realisation of the project of construction of the gas pipeline through Turkey's territory.

The TANAP project envisages transporting gas from the Shah Deniz field to Europe through Turkey. The pipeline's initial capacity is expected to reach 16 billion cubic meters per year. About six billion cubic meters will be delivered to Turkey and the rest will be delivered to Europe.


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