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EU welcomes TANAP gas pipeline accrod.

| BRUSSELS, June 27 (KUNA) -- EU Energy Commissioner Gunther Oettinger welcomed Wednesday's signature of the Inter Government Agreement and the Host Government Agreement to implement the Trans-Anatolia Gas Pipeline (TANAP).

"Europe is now a step closer to its aim to get gas directly from Azerbaijan and the other countries in the Caspian region," he said in a statement.

Earlier today, Turkey and Azerbaijan communicated the signature of the Inter Government Agreement and the Host Government Agreement. With the agreements, the governments of these two countries give the project company the legal authority to build the pipeline. The aim is to implement the pipeline by no later than 2018, said the statement. TANAP will take gas from the Eastern Turkish border to the Western Turkish border, providing for stable transit across the whole country. The project will link to the expanded Southern Caucasus pipeline starting in Azerbaijan and continuing in Georgia and to a variety of proposed pipelines in the European Union. For the first time, a direct link from the European Union to the Caspian Sea will be established, noted Oettinger.

The Southern Gas Corridor, bringing gas from the Caspian and Middle East to the European Union, needs to build a new pipeline across Turkey. A new pipeline will contribute to both Turkey's and the EU's security of gas supply, he added. (end) KUNA 271645 Jun 12NNNN

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Publication:Kuwait News Agency (KUNA)
Date:Jun 27, 2012
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