Turkish producers ready to meet TANAP project's pipe demand
Turkish companies expressed their willingness to supply the TANAP project (Trans-Anatolian gas pipeline) with pipes, the head of the Turkish Steel Pipe Manufacturers Association (CEBID) Ahmet Erciyes said, Zaman newspaper reporter on Saturday.
According to him, the local companies can make some $2.5-3 billion of profit from supplying the TANAP project with steel pipes.
Earlier, the Turkish Minister of Energy and Natural Resources Taner Yildiz said that in total, 1.8 million tons of steel pipes will be laid for the construction of the gas pipeline through Turkey's territory. According to him, the construction of TANAP will begin in 2014.
The TANAP project envisages gas transportation from the Shah Deniz field to Europe via Turkey. The initial capacity is expected to reach 16 billion cubic meters per year. Around six billion cubic meters will be delivered to Turkey and the rest to Europe.
Adapted from today.az