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“The decision has been made to double Tanap’s capacity. We will increase the capacity from 16 billion cubic meters to 32 billion cubic meters,” said the minister.
He also noted that Turkey will be able to use some of the additional volumes of gas pumped.
TANAP:
TANAP crosses Azerbaijan, Georgia and Turkey, where it connects to the Trans Adriatic Pipeline (TAP). It will supply gas to Greece, Albania and Italy.
Under the agreements with the EU, Azerbaijan plans to double gas exports to Europe by 2027.
For this reason, consultations were held on the expansion of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters of gas per year and of the Trans-Adriatic pipeline (TAP) to 20 billion cubic meters of gas per year.
Gas situation:
August 31 Gazprom suspended gas supplies in Europe via Nord Stream 1. The company claimed that oil leaks were found on parts of the pipeline’s compressor and that the equipment had to be shut down until the leak was repaired.
The Russian gas company Gazprom announced on 2 September point pumping gas through the Nord Stream 1 pipeline for an indefinite period. On September 3, the White House responded complete closure of Nord Stream.
Against the backdrop of the ongoing closure of the Russian Nord Stream gas pipeline Spot gas price in Europe jumped 30% on the morning of September 5th almost $ 2,900 per thousand cubic meters.
On 6 September, French President Emmanuel Macron supported the options proposed by the European Commission to limit the price of Russian gas.
On 14 September 2022, the EU responded Putin’s gas blackmail.
On September 26, information about gas leaks appeared a “Nord Stream”. On September 27, it became known of the explosions in the escape area.
On 28 September 2022, EU countries asked to immediately limit the price of gas.
On 1 October it became known that Gazprom had stopped gas supplies For Italy.
1 October 2022 Gazprom reduced gas supply in Moldova.
On October 4, 2022, Turkey decided to take Gazprom seriously gas offer.
On 5 October Gazprom officially recognized drop in gas demand.
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