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AZERBAIJAN - Turkey-Greece Pipeline.


A partly related 285-km, $300m gas pipeline is to be built between the borders of Turkey and Greece. In July 2000 Sofregaz, a unit of Gaz de France Gaz de France (GDF) is a French company which produces, transports and sells natural gas around the world and especially in France which is its main market, but also Belgium, the United Kingdom, Germany and other European countries. , won a $5.2m contract to do the basic and detailed designs for the pipeline which will pump 500 MCM/year gas to Greece as from 2005.

The line will run from Karacabey in the western Turkish city of Bursa Bursa, city, Turkey
Bursa (brsä`), city (1990 pop. 838,323), capital of Bursa prov., NW Turkey.
 to Komotini in Greece. Of the total length, 200 km will be laid in Turkey and the rest in Greece.

Greece has agreed to buy Shah Deniz gas through this pipeline when the Turkish section from Georgia to Erzerum has been completed. An agreement was initialled in April 2002 during a visit to Baku by Greek Development Minister Akis Tsochadzopoulos.

Baku and the Shah Deniz consortium hope to find additional buyers of the gas in South-Eastern Europe, including Bulgaria, Romania and the Balkans. The Greek government is helping in this respect. During his visit to Baku, Minister Tsochadzopoulos stated that Greece wants to become a corridor for gas supplies from Azerbaijan and other Caspian countries to Europe. He added: "Our aim is to emerge as an energy centre in South-East Europe, so as to support actively and substantively the overall EU energy market". Greece is negotiating to purchase gas from Iran as well, with Iran now supplying Turkey by pipeline.

Washington and Ankara had worked hard on getting the Turkish route to be used for all the planned petroleum exports from the Caspian region, including the proposed but now shelved Trans-Caspian Gas Pipeline This article or section contains information about a planned or expected pipeline.
It may contain information of a speculative nature and the content may change dramatically as the construction and/or completion of the pipeline approaches, and more information becomes available.
 (TCGP TCGP Trans-Caspian Gas Pipeline
TCGP Tactical Control Group
TCGP Texaco Coal Gasification Process
) project from Turkmenistan. The promoters hoped that, apart from major cost savings to be made by using the same route for pipes to run parallel, the TCGP would also pump through Turkey Azeri gas to be produced from Shah Deniz and Absheron fields in the coming years.

The project was stalled stall 1  
n.
1. A compartment for one domestic animal in a barn or shed.

2.
a. A booth, cubicle, or stand used by a vendor, as at a market.

b.
 in 2000 by Turkmenistan's ruler Suparmurat Niyazov as he rejected as "too low" gas sales prices proposed by the TCGP consortium - Shell and a partnership of Bechtel and GE Capital called PSG PSG,
n polysomnograph; polygraph performed during sleep. Physiological variables such as pulse, blood pressure, and respiration are monitored and charted.
 Int'l. Because of the stand by Niyavov, who has a territorial dispute A territorial dispute is a disagreement over the possession/control of land between two or more states, or over the possession or control of land by one state after it has conquered it from a former state no longer currently recognized by the occupying power.  with Baku and favours gas exports through Russia and Iran, the consortium decided to close its Baku and Istanbul offices. It cut its staff in Ashgabat and Tbilisi and reduced spending to a minimum until a final decision was taken on the project by Niyazov (see background in Vol. 55).
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:APS Review Oil Market Trends
Geographic Code:7TURK
Date:Aug 5, 2002
Words:407
Previous Article:AZERBAIJAN - The South Caucasus Gas Pipeline.
Next Article:KAZAKHSTAN - Part 1 - Getting Close To 1M B/D; Brighter Prospects Ahead.



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