59% of TAP route in Greece, Albania being reinstated

25 May 2018
92 Views

Around 59 percent of Trans Adriatic Pipeline (TAP) route in Greece and Albania is being reinstated, TAP AG consortium said in a message.

“Between Greece and Albania, more than 450 kilometers are being reinstated, or around 59 percent of our route (765 kilometers in total),” said the consortium.

TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan’s Shah Deniz Stage 2 to the EU countries.

The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.

TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).

TAP’s shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

Source: en.trend.az

You may be interested

US Senate blocks F-35 sales to Turkey
DEFENCE
shares10 views
DEFENCE
shares10 views

US Senate blocks F-35 sales to Turkey

Panos - Jun 19, 2018

The US Senate has voted to block transfers of the F-35 fighter jet to Turkey, reflecting increasing tension with a…

“Gaming disorder” is now a diagnosis, World Health Organization says
GREECE
shares9 views
GREECE
shares9 views

“Gaming disorder” is now a diagnosis, World Health Organization says

Panos - Jun 19, 2018

The World Health Organization proposed adding gaming disorder to its new comprehensive manual of disease classifications Monday, raising an immediate…

Tsipras to Die Welt: Our debt obligations won’t be put on file; regrets 2015 referendum
FINANCE
shares8 views
FINANCE
shares8 views

Tsipras to Die Welt: Our debt obligations won’t be put on file; regrets 2015 referendum

Panos - Jun 19, 2018

Greek Prime Minister Alexis Tsipras, a previous political firebrand that swept into power on a radical leftist and populist platform…

Leave a Comment

Your email address will not be published.