TAP Pipeline: The land returns to its owners in Greece, Albania & Italy

13 September 2019
392 Views

The land reclamation process in Albania, Greece and Italy has already taken place or is currently nearing 97% of the total TAP gas pipeline route, according to a joint venture managing the project.

TAP had to bind the land along the pipeline route in order to allow the pipeline and associated infrastructure to be constructed and operated.

This process, known as the Land Acquisition (LEA) process, is conducted in accordance with the European Bank for Reconstruction and Development (EBRD) international standards.

The project affects approximately 22,590 plots of land: 10,300 in Greece, 12,100 in Albania and 190 in Italy.

You may be interested

Cyclone Ianos moving towards Greece (watch live feed)
GREECE
shares15 views
GREECE
shares15 views

Cyclone Ianos moving towards Greece (watch live feed)

Panos - Sep 18, 2020

A rare Cyclone Ianos is currently moving eastward, toward the Greek western coastal area and should be close to it…

Moody’s Investors Service downgrades 13 Turkish banks
FINANCE
shares24 views
FINANCE
shares24 views

Moody’s Investors Service downgrades 13 Turkish banks

Panos - Sep 17, 2020

Moody’s Investors Service downgraded 13 Turkish banks, just days after downgrading the Turkish economy’s credit rating. The outlooks on the long-term deposit…

Turkish Lira falls below psychological barrier
FINANCE
shares26 views
FINANCE
shares26 views

Turkish Lira falls below psychological barrier

Panos - Sep 17, 2020

The Turkish Lira has broken the psychological exchange rate barrier of 7.5 against the US dollar, despite efforts by the…

Leave a Comment

Your email address will not be published.