Turkey and Azerbaijan will accelerate construction of the Trans Anadolu (TANAP) gas pipeline, Ahmat Davutoglu, Turkish Premier, said at a joint press conference with Azerbaijani President Ilham Aliyev in Baku on Thursday.
He said Azerbaijani gas will be exported to Turkey via TANAP earlier than 2018.
“Today, Turkey and Azerbaijan implement important energy projects, and TANAP is one of them,” Davutoglu said.
TANAP will help Turkey increasing Azerbaijani gas purchase by 6 billion cub.m. a year and will also let Baku exporting 10 billion cub.m. of gas a year to Europe. Gas will be exported to Europe via the trans Adriatic gas pipeline (TAP) connected to TANAP. Gas will be delivered from the Azerbaijani Shah Deniz field.
* According to the schedule of the Shah Deniz Phase 2 project implementation, first gas is expected to be extracted in the first half of 2018 and gas export to Turkey is expected to begin in quarter 4, 2015.—0—
Economics
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Azerbaijan's Small and Medium Business Development Agency (SME) and the Iraqi Federation of Chambers of Commerce have formalized a significant step towards enhancing bilateral economic ties with the establishment of the Azerbaijan-Iraq Business Council. The agreement, signed by Orkhan Mammadov, Chairman of the Board of Directors of SME, and Abdulrazag Al-Zuheir, President of the Iraqi Federation of Chambers of Commerce, comes within the framework of the Azerbaijan-Iraq Business Forum.
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Azerbaijan officially presented the updated digital government platform "myGov" at an event on September 17 in Baku, marking a significant step in the country's digital transformation. The event was attended by government officials, private sector leaders, media representatives, and industry experts.
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Minister of Economy Mikail Jabbarov held a meeting with the World Bank's Regional Director for Sustainable Development for Europe and Central Asia, Sameh Naquib Vahba, to review the ongoing and potential areas of collaboration between Azerbaijan and the World Bank. Both sides expressed their satisfaction with the progress made in joint projects aimed at boosting economic diversification and infrastructure development in Azerbaijan.
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Azerbaijan officially presented the updated MyGov digital government platform today in the capital city of Baku, marking a significant milestone in the nation’s ongoing digital transformation.
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