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Turkey intends to acquire share in TAP

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tapi_160515Turkey intends to acquire share in the Trans-Adriatic Pipeline (TAP), a source in the Turkish government told Trend July 24.

The source said the acquisition of a share in the TAP is a historic chance for Turkey, and Ankara is not going to miss it.

Currently the issue is being considered, according to the source.

Earlier it was reported that Statoil intends to sell its 20-percent share in the TAP.

TAP project is a part of the Southern Gas Corridor that will allow Europe to diversify its hydrocarbon supply sources and strengthen energy security, and also will allow Azerbaijan to obtain a new market in Europe. Azerbaijani gas is meant to first go via the Southern Gas Corridor.

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