EBRD: TAP is a good opportunity to give up the use of coal

10 December 2018
529 Views

“The construction of the Trans-Atlantic Pipeline (TAP), which will bring 10 million cubic meters of gas from Azerbaijan, will open up new opportunities for the region in order to pass from the use of coal to the use of gas”.

This is stated in a recent report issued by the European Bank for Reconstruction and Development.

According to the report, TAP is a project with a low carbon emission. Meanwhile, EBRD has also stopped the funding of coal-based projects under its new strategy.

“Meanwhile, natural gas has become a very good solution with the launch of TAP project for the countries which have not had any access to this energy source”, EBRD says.

TAP, along with TANAP, is part of the Southern Gas Corridor project which will carry gas from the gas-rich fields of Shah Deniz to Greece and southern Italy through Albania.

Source: balkaneu

You may be interested

Mitsotakis-Erdogan phone call after the 6.7 Richter earthquake
POLITICS
shares37 views
POLITICS
shares37 views

Mitsotakis-Erdogan phone call after the 6.7 Richter earthquake

makis - Oct 30, 2020

Greek Prime Minister Kyriakos Mitsotakis had a telephone conversation with Turkish President Recep Tayyip Erdogan in the aftermath of the…

Nice Muslim terrorist arrived in France from Lampedusa – Watch the moment of his arrest (video)
SLIDE
shares45 views
SLIDE
shares45 views

Nice Muslim terrorist arrived in France from Lampedusa – Watch the moment of his arrest (video)

makis - Oct 29, 2020

A Tunisian man who arrived in Europe with a group of migrants rescued off the coast of Lampedusa in Italy…

Two Greek hotels win TUI top awards
GREECE
shares42 views
GREECE
shares42 views

Two Greek hotels win TUI top awards

Panos - Oct 29, 2020

Two Greek hotels are among the 16 winners of the TUI Global Hotel Awards, a great distinction that boosts the international visibility of the…

Leave a Comment

Your email address will not be published.