According to him, total capital expenditures amount to $6.3 billion (AZN 9.7 billion): “TAP`s initial capacity is 10 billion cubic metres (bcm) of gas per year and this may be increased to 20 bcm”.
Aliyev noted that 19.5% works have been completed: “Totally, €877 million (AZN 1.5 billion) has been invested in the project”.
SGC to spend $1.2B to TAP by 2020 - SOCAR
29 June 2016
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The Southern Gas Corridor (SGC) is expected to spend $1.2 billion (over AZN 1.8 million) to Trans Adriatic Pipeline (TAP), head of Investments Department of the State Oil Company of Azerbaijan Republic Vagif Aliyev said.
