59% of TAP route in Greece, Albania being reinstated
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).
You may be interested
Greek Resort named top “World’s Leading Luxury Green Resort”Panos - Dec 01, 2020
Sani Resort in Kassandra, Halkidiki gained the top spot as the “World’s Leading Luxury Green Resort” at the World Travel…
Greeks pay over half a million euros in Covid-19 fines in a dayPanos - Dec 01, 2020
Greeks were fined a total of over half a million Euros for violating Covid-19 measures following intensive police inspections on…
Hellenic Civil Aviation Authority extends Covid-19 directives until December 7 and 14Panos - Dec 01, 2020
The Hellenic Civil Aviation Authority (HCAA) extended the Covid-19 directives for domestic flights until Monday 7 December 2020 and for…