| Not strictly WoT, but a pipeline that doesn't involve Russia is a very good thing for Europe. |
Turkey and Azerbaijan will sign a memorandum of understanding on Monday, establishing a consortium that will build a pipeline to ship natural gas from the BP Plc-operated Shah Deniz field to Europe via Anatolia, Bloomberg reported.
The Trans-Anatolia pipeline is planned to be completed by 2017, when the second phase of Shah Deniz starts producing gas, Turkish Energy Minister Taner Yildiz said on Nov. 18. It's too early to provide a cost for the project, he said when asked about Socar's estimate of as much as $6 billion, according to state-run Anatolia news agency.
The pipeline may be linked with Nabucco, the OMV AG-led project designed to bring Caspian-region natural gas to the European Union. |