If a firm manages to create a dominant position in the Kurdistan Region of Iraq (KRG) oil business this could, in the long term, open a door to the gas business, as it did in the Caspian zones in the 1990s, when the Baku – Tbilisi – Ceyhan oil pipeline prepared the groun
Nabucco West and the Trans Adriatic Pipeline (TAP), the two planned projects competing for Azeribaijani gas, have both signed agreements with the Trans-Anatolia Gas Pipeline (TANAP) between Turkey and Azerbaijan, according to a Euractiv report.
On 22 November 2012, the Trans Adriatic Pipeline AG (TAP) and the Trans Anatolian Gas Pipeline Company B.V. (TANAP) signed a Memorandum of Understanding and Cooperation.
NABUCCO Gas Pipeline International GmbH announced today the signing of a Memorandum of Understanding and Co-operation (MoU) with the Trans Anatolian Pipeline (TANAP)*, in which the two parties formally agree to co-operate on the development of the Southern Gas Corridor.
According to a report by UPI, a cooperation deal signed Monday between the Nabucco and Trans-Anatolian Pipeline gives European energy security a boost, an executive said from Vienna.
Azerbaijani President Ilham Aliyev approved the agreement on "The System of the Trans-Anatolian gas pipeline between the Azerbaijani and Turkish governments" on January 18, which was originally signed in Istanbul on June 26, 2012, Trend.az reports.
Turkey's position as a guarantor of energy security in Europe has been secured with the new TANAP gas pipeline, Prime Minister Recep Tayyip Erdogan says, according to a January 2 UPI report.