Article - 26 January 2012 Issue

TANAP rises to prominence as Nabucco sinks down agenda

The proposed Trans-Anatolian pipeline (TANAP), conceived by Turkey’s BOTAS and Azerbaijan’s SOCAR to transport Caspian region gas across Turkey to Europe, is rapidly gaining credence as a key part of the Southern Corridor gas export route. But support for the EU-backed Nabucco pipeline, which TANAP would make partly redundant, is falling away. Nabucco shareholder RWE earlier this month acknowledged that the TANAP proposal “has created a new situation”, and Nabucco’s Shah Deniz ambitions have also been dented by the emergence of the South East Europe Pipeline (SEEP).

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