Swiss ABB has won a contract worth $11b for the 1,850km Trans-Anatolian Natural Gas Pipeline (TANAP) to deliver Azerbaijan’s natural gas from the Shah Deniz 2 field in the Caspian Sea to Europe, PennEnergy reported.
The pipeline will interconnect with the South Caucasus line at Turkey’s border with Georgia, and the Trans Adriatic pipeline at the Greek border, bringing gas to the European market through Italy.
ABB will conduct pipeline control, and monitoring. Its software solutions will integrate the supervisory control and data acquisition systems able to control the gas flows, detect leakages and intrusions, and provide closed circuit television coverage for safety purposes, Energy Global specified.
The company stated that the current contract win is at par with ABB’s Next Level Strategy hoping for gains from energy investments in mature and emerging markets, Nasdaq wrote.
TANAP is forming a strategic energy infrastructure for the European countries as the central section of the $45b Southern Gas Corridor with three major stakeholders. Azerbaijan’s state oil company SOCAR has 58%, Turkey’s BOTAS 30%, and BP 12% of shares in the pipeline, Trend News Agency informed.
