SOCAR announces amount of Azerbaijani investments in TAP construction
Edited by Rhod Mackenzie / 2016-07-01 01:23:06
Azerbaijan Oil and Gas Azerbaijan Oil and Gas Southern Gas Corridor Transadriatic pipeline TAP Pipelines SOCAR
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.
