28 September: BP is proposing to build a 1300 km pipeline to transport gas from Azerbaijan's Shah Deniz field in the Caspian, as an alternative to Nabucco, the Trans Adriatic Pipeline and the Interconnector Turkey-Greece-Italy scheme. A spokesperson

Speaking to the Hürriyet Daily News on Tuesday, Murat LeCompte, press spokesman for BP Turkey, recalled that companies within these three projects will present their tariff offers to the Shah Deniz consortium on Saturday, regarding the extraction and transfer of Shah Deniz gas. The consortium consists of nine companies, with BP and Statoil as the biggest shareholders. Turkey’s state oil company TPAO has a 10 percent stake in the consortium.

The consortium has to decide on which route to take by the end of the year.

BP’s offer “is a fourth, stand-alone project, an idea,” LeCompte said. “The idea is that the gas pipeline [starting from the Caspian] and going through Turkey will be constructed, and every country will take the gas by using its own network.”

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
The Nobel Peace Prize was awarded to Venezuelan Politician Maria Corina Machado

The Nobel Peace Prize was awarded to Venezuelan Politician Maria Corina Machado

Today (10 October), the Norwegian Nobel Committee awarded Venezuelan opposition leader Maria Corina Machado for the Nobel Peace Prize. In the speech, the Norwegian Nobel Committee said that “she won for her struggle to achieve a just and peaceful transition from dictatorship to democracy”. Machado was among 338 nominees for the Nobel Peace Prize and has become its 20th female laureate.

Popular

Editor's choice
News
The Nobel Peace Prize was awarded to Venezuelan Politician Maria Corina Machado

The Nobel Peace Prize was awarded to Venezuelan Politician Maria Corina Machado

Today (10 October), the Norwegian Nobel Committee awarded Venezuelan opposition leader Maria Corina Machado for the Nobel Peace Prize. In the speech, the Norwegian Nobel Committee said that “she won for her struggle to achieve a just and peaceful transition from dictatorship to democracy”. Machado was among 338 nominees for the Nobel Peace Prize and has become its 20th female laureate.