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TAP to hold in-depth thematic meetings

4 December 2019 14:32 (UTC+04:00)
TAP to hold in-depth thematic meetings

By Trend

The Trans Adriatic Pipeline (TAP) consortium will organize a series of thematic meetings on the project to promote correct information on the construction phases and on the pipeline’s operation in the future, Trend reports citing the consortium.

One of those meetings will be held on Dec.6 in Lecce, Italy on sea and fishing.

“In particular, following an introduction to the project, we will focus on the technologies used for the construction of the pipeline, especially, on laying the pipeline through the sea,” said the consortium.

TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.

The project is currently in its construction phase, which started in 2016.

Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.

TAP shareholders include BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

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