SOCAR announces amount of Azerbaijani investments in TAP construction

The costs of Southern Gas Corridor in the framework of the project of the Trans Adriatic Pipeline (TAP) construction will exceed a billion dollars. This was announced by a senior representative of the Azerbaijani state-owned oil company SOCAR.

"The cost of Southern Gas Corridor, the basic package of which belongs to the government of Azerbaijan, will amount to $1.2 billion by 2020," - said the representative of SOCAR, which owns the remaining 49% in the joint-stock company.

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