Evaluation of Tanap Agreements in Terms of International Law and Expropriation Law

Abstract

Trans Anatolian Natural Gas Pipeline Project (TANAP) is a project, between Azerbaijan and Turkey, on the World's front burner realized in order to transport the natural gas produced from the Sahdeniz 2 field to Europe through Turkish territory. Legal details of TANAP are included in the Intergovernmental Agreement (LA) between two states and in the Hosting Govern ment Agreement (HGA) signed between Turkey and TANAP Project Company. Having looked at the aforesaid agreements, IA is mainly considered as an outline agreement, on the other hand, HGA is considered as a private law contract including more detailed provisions. TANAP Agreements, having the characteristics of a bilateral investment agreement, include provisions mostly protecting the interests of the investor, namely Azerbaijan, Considering either participating interests of parties in the project, or that the source country is Azeri land, it should be admitted that the situation is natural and legal.