TANAP select contractors for pipeline

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TANAP select contractors for pipeline

TANAP consortium decides on contractors for pipeline’s construction

The consortium of the Trans Anatolian Natural Gas Pipeline (TANAP) has made its decision regarding the contractors for the pipeline’s construction, Turkish news agency DHA reported Dec. 23.

Reportedly, the tender’s winners are the Fernas Insaat, the Sicim-Yuksel-Akkord consortium, and Tekfen Holding.

They have been invited to the construction of the pipeline’s sections running from Georgia’s border to Turkish city of Erzurum, from Erzurum to the city of Sivas, and from Sivas to the city of Eskisehir.

The TANAP project envisages gas transportation from Azerbaijan’s Shah Deniz field through Turkey up to the country’s border with Europe.

The initial capacity of TANAP is expected to reach 16 billion cubic meters of gas per year.

Around six billion cubic meters of gas will be delivered to Turkey, and the remaining volume will be supplied to Europe. In the future, the capacity of the pipeline can be increased to 31 billion cubic meters.

The gas will go to Turkey in 2018, and after the construction of the Trans Adriatic Pipeline (TAP) the gas will reach Europe around in early 2020.

It is planned to commission TANAP in 2018. The project’s cost is estimated at $10 to $11 billion.

Following the completion of a legal registration process, TANAP’s shareholders will be as follows: SOCAR – 58 percent, Botas – 30 percent, and BP – 12 percent.

As part of the project for construction of the TANAP, the Turkish capital of Ankara hosted Oct. 14 the signing of pipeline supply contracts with six Turkish and one Chinese company, which became the winners of the previously announced tender.

The winners of the mentioned tender are the Mannesmann-Noksel-Erciyas, Umran-Emek, the Toscelik Profil ve Sac Endustrisi, as well as the Chinese contractor Baosteel Europe.

Source: Trend

More Info: http://tinyurl.com/qdkb53o

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

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Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

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Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.