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Economy

Azerbaijan seeks Japanese investment in gas pipeline: deputy PM

Abid Sharifov

BAKU, Azerbaijan -- Azerbaijan wants Japan to help build a pipeline to carry natural gas from the energy-rich former Soviet republic to Europe, Deputy Prime Minister Abid Sharifov has told The Nikkei.

     The Trans Anatolia Natural Gas Pipeline, or Tanap, is supposed to carry gas from the Caspian Sea through Georgia and Turkey, connecting with the Trans Adriatic Pipeline, which will extend to Italy. All this is expected to cost some $20 billion, including upgrades to existing pipelines, and represents a lucrative opportunity for Japanese companies.

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