Fifty-five percent of The Trans-Anatolian Pipeline (TANAP) will have been
constructed by the end of the year, Turkey's Energy Minister Berat Albayrak
Daily Sabah quotes him as saying that Turkey is successfully moving toward the
creation of an energy hub and successfully pursuing a policy of energy
diversification.
"We aim to establish a natural gas trading center in Turkey. In line
with this aim, projects like TANAP and the TurkStream [natural gas pipelines]
will contribute to this objective. We have also accelerated work toward
launching the Liquefied Natural Gas (LNG) storage and Floating Storage
Regasification (FSRU) units that will be established in Turkey for the first
time," he has said.
TurkStream, also known as Turkish Stream, is a gas pipeline project which
was announced as a substitute to the ditched South Stream, which would have
supplied Europe with Russian gas via Bulgaria, Serbia and Hungary.
TANAP's initial projected capacity will be 16 billion cubic meters of natural
gas a year. Nearly 6 billion of it will fulfill the needs of Turkey's domestic
energy market, while the rest will supply Europe.
The latter task also depends on the construction of the Trans-Adriatic Pipeline
and the Ionian-Adriatic Pipeline in Southeast Europe.
(www.novinite.com)
