Azerbaijan open to selling TANAP stake to Iran

04/04/2015
SOCAR President Rovnag Abdullayev

SOCAR President Rovnag Abdullayev

Azerbaijan open to selling TANAP stake to Iran: Rovnag Abdullayev, President of the State Oil Company of Azerbaijan (SOCAR), today said that he did not rule out the possibility of selling a stake in the TANAP Trans Anatolian pipeline to Iran now that there was a strong possibility that sanctions could be lifted.” The TANAP project is so lucrative that …if we get a good advantageous offer, we are ready to discuss the issue,” he said. There were few if any alternative ways for Iran to distribute its gas to world markets, he added.

Source: Rosbalt