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Expected Gas Sourcing
Caspian Region
Benefits
Main Driver
Others
Main Driver Explanation
Market demand Competition Access to new markets
Benefit Description
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Barriers
Barrier Type
Description
Financing
Low oil prices in the world, which constitute the income of TANAP's major shareholder SGC, leads to difficulties on TANAP's financing
Financing
Availability of funds and associated conditions
Intergovernmental Agreements
Agreement
Agreement Description
Is Signed Agreement Signature Date
Intergovernmental Agreement between
Turkey and Azerbaijan
Intergovernmental Agreement (IGA) between the Government of the Republic of Turkey and
the Government of the Republic of Azerbaijan Concerning the Trans Anatolian Natural Gas
Pipeline System
Yes
26/06/2012
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Current TYNDP : TYNDP 2017 - Annex A