“Tanap is already a commercially very attractive project. After the lifting of sanctions against Iran, the relevance of Tanap will grow even more. For future gas export from Iran, the Trans Anatolian line would be the only option to deliver it to world markets,” said Socar president Rovnag Abdullayev.

Tanap will have an initial capacity of 16 billion cubic metres per annum to accommodate gas from the Shah Deniz 2 development in the Caspian Sea, rising to 23 Bcm to 24 Bcm per annum and, possibly, an eventual 31 Bcm per annum.