Azerbaijani media reports that TANAP, part of which will go through Turkey, within the framework of large-scale investment incentive will benefit from various stimulus.
As reported, energy and finance ministries have started to work on this issue.
TANAP’s benefit tax and insurance premium support will differ by region.
Turkey and Azerbaijan’s giant Trans-Anatolian pipeline will be designed to take 31bn cubic meters of gas per year to Europe. The project will cost USD 7bn. The construction of the pipeline which will reach Europe from Azerbaijan via Georgia and Turkey will be launched not later than the end of 2013.