The consortium of the trans Anadolu gas pipeline (TANAP) has selected the contractors of construction of the gas pipeline, reported Turkish DHA agency on Tuesday.
The winners of the tender are Fernas Insaat, consortium Sicim-Yuksel-Accord and Tekfen Holding, which will built the section of the gas pipeline from the Georgian border to Erzurum (eastern part of the pipeline), from Erzurum to Sivas (central part) and from Sivas to Eskishekhir (western section).
TANAP envisages transportation of gas from the Azerbaijani Shah Deniz field Phase 2 to the European border through Turkey.
The initial carrying capacity of the pipeline will be 16 billion cub.m. of gas a year, of which 6 billion cub.m. will be exported to Turkey and the remaining volume to Europe. In the future the pipeline’s capacity could be expanded up to 31 billion cub.m. a year.
Gas export to Turkey will begin at the end of 2018 and as soon as construction of trans-Adriatic gas pipeline (TAP) is completed, gas will be delivered to Europe in about early 2020.
Cost of TANAP, which is about 1800 km long, is estimated at $11.8 billion.
After completion of the legal procedure, the composition of TANAP shareholders will look as following: SOCAR – 58%, Botas – 30% and BP – 12%.
On December 14, 2014 in Ankara the contracts were signed between six Turkish and one Chinese companies, which have won the earlier invited tender, for construction of TANAP gas pipeline. The winners of the tender are consortia of the companies "Mannesmann-Noksel-Erciyas", "Ümran-Emek" "Tosçelik Profil ve Sac Endüstrisi" companies and Chinese contractor "Baosteel Europe". All companies, which will be involved in construction and supply of TANAP in Turkey, will be exempt from VAT.—0—
Economics
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