"The decline in oil prices has led to a decrease in the cost of our projects," Aliyev said. "For example, the cost of the Trans-Anatolian Natural Gas Pipeline (TANAP) project, which was previously estimated at $11 billion, now stands at $9.3 billion."
"The implementation of the Trans Adriatic Pipeline (TAP) project stands at $6 billion, the second phase of the project development of the Azerbaijani Shah Deniz gas field - $23.8 billion, the South Caucasus Pipeline Expansion Project - $4.9 billion," he added.
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