Azerbaijan not to sell its share in TANAP

Baku. 15 April. REPORT.AZ/ State Oil Company of Azerbaijan Republic (SOCAR) doesn't intend to sell part of its share in Trans-Anatolian pipeline (TANAP).

Report informs, the Vice-President for Economic Affairs of SOCAR Suleyman Gasimov says: "SOCAR doesn't intend to sell its stake in TANAP. Negotiations in this connection are not maintained".

S.Gasimov said that, SOCAR's share in TANAP project is 58% and, in accordance with relevant intergovernmental agreements, this percentage may not be less than 51%: "If Turkey wants to sell its stake in TANAP, it is their own business".