Tsipras: Greece to be energy hub thanks to TAP
By Trend
Pursuing multi-vector foreign and energy policies, Greece will become an energy hub, Greek Prime Minister Alexis Tsipras said at a press conference on September 11, RIA Novosti reported.
He said the energy routes of the 21st century will go through
Greece.
"To a large extent we have succeeded in this thanks to the
Trans-Adriatic Pipeline (TAP)," he added.
As part of Stage 2 of the Shah Deniz development, gas will be
exported to Turkey and European markets by expanding the South
Caucasus Pipeline and constructing Trans-Anatolian Natural Gas
Pipeline (TANAP) and TAP.
TAP's initial capacity will be 10 billion cubic meters of gas per
year with the possibility of expanding it to 20 billion cubic
meters.
TANAP project, worth $9.2 billion, envisages transportation of gas
of Azerbaijan’s Shah Deniz field from Georgian-Turkish border to
the western borders of Turkey.
Gas will be delivered to Turkey in 2018, and after completion of
the Trans Adriatic Pipeline’s (TAP) construction, it will be
delivered to Europe in early 2020.