Turkish Tekfen Holding's unit Tekfen Construction won a construction contract worth $457 million from Trans-Anatolian Pipeline (TANAP) Co, the construction company said Wednesday.
The contract consists of engineering, supply and construction works for the two compressors and four measurement stations within the Turkish part of the TANAP project, Tekfen said in a written statement .
Tekfen will complete the project in 39 months.
TANAP will begin to carry 16 bcm of gas from Azerbaijan via Georgia by 2018. Turkey will use six bcm of this gas for its domestic consumption while 10 bcm will be exported to Europe. The pipeline's capacity is projected to reach 23 bcm by 2023 and 31 bcm by 2026.
(Anadolu Agency)
