Serbia intends to have access to Azerbaijani gas

Serbia intends to have access to Azerbaijani gas
09:53 7 Aprel 2015
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[ 07 April 2015 10:45 ]

Baku. Agshin Rafigoglu - APA-Economics. Serbia plans to have access to Azerbaijani gas to be transported via TANAP, said the Minister of Energy and Mining of Serbia Alexander Antic, APA-Economics reports quoting Natural Gas Europe.

According to him, Serbia intends to participate in all projects which will provide gas supply from new source and routes: “Main priority is the bilateral pipeline between Serbia and Bulgaria. We have already conducted negotiations with our Bulgarian counterpart about transportation capacity of the pipeline. Serbia can look for financial sources that will provide financing of project in the near future”.

 

First gas transportation to neighbour country within TANAP will start in 2018. The planned capacity of the pipeline would be 16 billion cubic metres of natural gas per year at initial stage and would be increased later up to 23 billion cubic metres by 2023, 31 billion cubic metres by 2026.

 

1,850 km-TANAP will be linked to TAP from 2020 and deliver natural gas that will receive via South Caucasus Pipeline to Europe through Greece, Albania and Italy.

 

The pipeline is expected to cost US$10-11 billion.

 

TANAP shareholders: SOCAR - 58%, Botas – 30% and BP – 12%.

 

 


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