Trans Adriatic Pipeline Holds Ceremony to Mark Start of Construction

Thessaloniki, Greece. Under the auspices of Alexis Tsipras, Prime Minister of the Hellenic Republic, the Trans Adriatic Pipeline (TAP) marked the start of construction of the pipeline project.

The significance of TAP as a strategic piece of the Southern Gas Corridor infrastructure, which will bring initial volumes of gas from Azerbaijan to Europe, was underlined by the presence of the Prime Minister of Georgia Georgi Kvirikashvili, the First Deputy Prime Minister of Azerbaijan Yaqub Eyyubov, the Deputy Prime Minister of Albania Niko Peleshi, the EU Vice President for Energy Union Maroš Šefčovič, the US Special Envoy and Coordinator for International Energy Amos Hochstein, the Minister of Energy of Turkey Berat Albayrak, the Minister of Economic Development of Italy Carlo Calenda, the Minister of Energy of Bulgaria Temenuzhka Petkova, as well as the Switzerland State Secretary Federal Office of Energy Walter Steinmann.

Shareholders from BP, SOCAR, Snam, Fluxys, Enagás and Axpo and over 300 high-level guests attended the event. The ceremony concluded with the signing of a pipe casing.

The 48 inch diameter Trans Adriatic Pipeline, which constitutes the European leg of the Southern Gas Corridor, is a gateway project that will deliver 10bcm/a of new Caspian gas supplies to Europe from 2020.

 

About the Trans Adriatic Pipeline (TAP)

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The 878 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow approximately one year later in early 2020.

 

More about TAP: www.tap-ag.com | www.twitter.com/tap_pipeline
(for full article go to: http://www.tap-ag.com/news-and-events/2016/05/17/trans-adriatic-pipeline-holds-ceremony-to-mark-start-of-construction)

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