ANKARA (AA) - Turkey-Greece Natural Gas Pipeline construction will be put to tender on Thursday, Petroleum Pipeline Corporation (BOTAS) said on Wednesday.
The tender is carried out within interconnection of natural gas networks of Turkey and Greece and European Union Inogate Program.
BOTAS told a statement that the pipeline aims to carry Caspian Sea gas to Europe and Balkan countries via Turkey and Greece.
The economic feasibility study of the Turkey-Greece Natural Gas Pipeline Project was conducted by Societe Generale with equal financial supports of EU-TEN (Trans European Networks) Funds and DEPA on March 25th, 2002.
Under the Natural Gas Sales and Purchase Agreement signed by BOTAS and DEPA, a pipeline will be constructed between Karacabey township in the western Turkish city of Bursa and Komotini, Greece as of 2006. The pipeline will pump 250 million cubic meters of natural gas as the first consignment, the second 500 cubic meters, and the third and others would be 750 cubic meters. There would be natural gas exports throughout 15 years.
On the other hand, with an Italian tie, the quantity of natural gas to be transported from the pipeline is question is planned to increase 11-12 billion cubic meters annually. Three billion cubic meters of this quantity is foreseen to be transported to Greek market and 8 billion cubic meters is foreseen to be transported to Italian market.
The natural gas pipeline's Turkey section will start from Karacabey station and end in Ipsala Kipi. 193 km of the planned 210 km pipeline will be on land and 17 km will have sea passage.
(AY-MS)
2004-11-24