After signing a memorandum on the construction of new pipeline Trans Anadolu (TANAP) negotiations will be launched between the parties regarding the project cost and terms of completion of the construction,the Turkish Energy Ministry told Trend on Monday.
The gas pipeline will be constructed based on an agreement signed in October 2011 between Turkey and Azerbaijan to supply Azerbaijani gas from "Shah Deniz 2" to Europe, the ministry said.
This pipeline will supply gas from Azerbaijan to Bulgaria through Turkey. Turkey and Azerbaijan signed a Memorandum of Understanding (MoU) on Monday to establish a consortium which will construct a gas pipeline.
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Trend/