Minister: Turkey to increase gas import from Azerbaijan and Iran

10:11 29.08.2013
Turkey

With the new gas compressor station in the Chayyrly in Turkish Province of Erzincan, Turkey will be able to deliver gas from Azerbaijan and Iran, Turkish Minister of Energy and Natural Resources Taner Yildiz said, Hurriyet newspaper reported on Wednesday.

According to the Minister, one third of the gas consumed in Turkey will be pumped through the new gas compressor station in the Chayyrly.

Today Turkey delivers gas from Azerbaijani gas condensate field of Shah Deniz through South Caucasus Pipeline (Baku-Tbilisi-Erzurum). According to the contract, within first stage of the field development Turkey must deliver 6.6 billion cubic meters of gas. From the second stageTurkey will deliver another 6 billion cubic meters of gas.

Shah Deniz reserves are estimated at 1.2 trillion cubic meters of gas.

The contract to develop the offshore Shah Deniz field was signed on June 4, 1996.
Participants to the agreement are: BP (operator) - 25.5 per cent, Statoil - 25.5 per cent, NICO - 10 per cent, Total - 10 per cent, Lukoil - 10 per cent, TPAO - nine per cent and SOCAR - 10 per cent.

In 1996 Iran and Turkey concluded an agreement to supply 10 billion cubic meters of gas to Turkey annually (30 million cubic meters per day).

Adapted from today.az

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