Azernews.Az

By Aynur Jafarova

The Trans Adriatic Pipeline (TAP) consortium will announce a call for bids for the construction and supplementary work in late 2014 - early 2015, Trend Agency reported on January 20 with reference to Greek media.

The Greek companies will be able to submit their bids in the presence of competence and in accordance with the determined requirements.

TAP, which is designed to supply the Caspian gas to Europe, will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 870 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) near the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP's routing can facilitate gas supply to several South Eastern European countries, including Bulgaria, Albania, Bosnia and Herzegovina, Montenegro, Croatia and others. TAP's landfall in Italy provides multiple opportunities for further transport of Caspian natural gas to some of the largest European markets such as Germany, France, the UK, Switzerland and Austria.

TAP's shareholding is comprised of BP (20 percent), SOCAR (20 percent), Statoil (20 percent), Fluxys (16 percent), Total (10 percent), E.ON (9 percent) and Axpo (5 percent).