Presentation on theme: "Trans Anatolian Natural Gas Pipeline Project"— Presentation transcript:
1 Trans Anatolian Natural Gas Pipeline Project Importance ofTrans Anatolian Natural Gas Pipeline Projectfor Executing Southern Gas Corridor2012 Frankfurt Gas ForumGermany28 November 2012
2 Stand Points of the Project Strategic Alliance Between Azerbaijan and TurkeyIn December 2011, Turkey and Azerbaijan have signed an agreement for a new gas pipeline project that will connect Turkey's east and west, carrying Azerbaijani gas to Europe.The new pipeline, named the Trans-Anatolian Natural Gas Pipeline, is being designed by the Azerbaijani state-owned oil company SOCARThe inter-governmental agreement between the Government of the Republic of Turkey and the Government of the Republic of Azerbaijan, has been signed on Tuesday, June 26th 2012 in Istanbul with broad participation.
3 Stand Points of the Project Security Supply of Europe:Source, route and volume.Shahdeniz sources of AzerbaijanShahdeniz 2, Upsheron, Ümid and Babek fieldSecurity Supply of Turkey:Source, volume and national network.
4 The Southern Gas Corridor Southern Gas Corridor is needed for the independence of European Union Energy Security.Decreased gas production and increased demand pushes Europe to pay more importance to develop Southern Gas Corridor.For this reason, Trans Anatolian Natural Gas Pipeline Project (TANAP) is playing crucial role on the European Energy Security.Diversification of energy supply routes and provision of energy security in the region and beyond are closely interrelated, it is important to move forward and achieve new results in the implementation of plans and projects that are drew up in the last few years.
5 Natural Gas Supply-Demand Projections of EuropeMost possible scenario-Blue one- …Jeroen de Joode,European gas market developments in different energy transition scenarios
6 Natural Gas Resources of Azerbaijan Reserves of Absheron, Umid, Babek, and Nakhchivan: 1.25 tcm of gas and more than 200 mln. tons of condensate*Shah-deniz Reserves: 1.2 tcm gas, 240 mln. Tons condensateShah Deniz-1; Plateu production 9 bcmaShah Deniz-2; Plateu production 16 bcma*Ilham Nasirov, Deputy General ManagerInvestment Division, SOCAR
7 Supply-Demand Projection of Turkey Natural GasSupply-Demand Projection of TurkeyHigh grow rates, no new contracts case.
8 Short Intro / Highlights of the Project Objective: Transport of Azeri and Regional Gas Supplies to Turkey and to EuropeCapacity: BCMShareholding: SOCAR-BOTAŞ-TPAO(BP-Statoil-Total)Target Operation: 2018Target Markets: Turkey and Europe (TAP/NIC)
10 Critical Milestones IGA 1- 25 Oct. 2011 Gas SPA - 25 Oct. 2011 MoU 26 Dec (ratified)Project Company (TANAP Bv.) – June 2012IGA-HGA 26 June 2012 (pending ratification)
11 Current Activities/Status Preliminary/Conceptual Studies for:Routing and Route VerificationESIA / EIAPermittingMappingTechnical Feasibility ongoing (sensitivity analysis)Policy and Strategy setting ongoingOrganizational Set-up ongoing
12 Way forward : Critical Milestones – Development Plan Technical StudiesPMOE assignedEngineering Contractor assignedESIA/EIAEngineeringPermittingProcurement of LLI and EPCLand Acquisition and ConstructionCommercial Framework:Project Entity set-up including Shareholders AgreementTransportation AgreementsFinancing ArrangementsOperation AgreementsObjective is to ensure commercial operation by 2018