The opening of the Trans Adriatic Pipeline (TAP) is great step forward for Azerbaijan because it will bring approximately $1 billion a year growth in revenue for Azerbaijan every year and will contribute to the country’s economic security and prosperity, Ariel Cohen, senior fellow at the Atlantic Council and founder of the International Market Analysis LLC, told Trend.

Despite all challenges that Azerbaijan had to confront with over its 44-day hostilities with Armenia, the country proved that it is set to go ahead with all international projects it is involved in. Against the background of Azerbaijan’s glaring victory in the war with Armenia, the start of commercial operations in the Trans-Adriatic Pipeline (TAP) opens up new opportunities from the standpoint of the country’s prospects to ensure the security and reliability of the regional and global energy projects.

The Energy Ministry has stated that the Trans-Adriatic Pipeline (TAP), as another energy link connecting Azerbaijan with Europe, will strengthen Azerbaijan's strategic role in energy security, cooperation and sustainable development.

Four and a half years after the inauguration of construction works in Thessaloniki, the Trans Adriatic Pipeline (TAP), an 878-km gas transportation system crossing Greece, Albania, the Adriatic Sea and Italy, began commercial operations, Trend reports citing TAP AG consortium.

With the completion of the Trans Adriatic Pipeline, the final leg of Southern Gas Corridor, this giant system is now fully integrated and ready for gas supplies to Europe, BP Azerbaijan told Trend commenting on the start of TAP’s commercial operation.

Over $106 billion were invested in Azerbaijan’s oil sector in the period between 1995 and 2019, Energy Minister Parviz Shahbazov has said.

The Trans-Anatolian Natural Gas Pipeline (TANAP) is ‘Energy Silk Route’, Turkey’s Energy Minister Fatih Denmez said on Twitter, Trend reports on June 20.

The Pipeline Receiving Terminal (PRT) of the Trans Adriatic Pipeline (TAP) in the municipality of Melendugno, Italy, 8.2 km away from the coast, is 83 percent complete, Trend reports with reference to the updated data of TAP AG consortium.

Trans Adriatic Pipeline (TAP) will shape Italy’s gas market in several ways, Ashley Sherman, Principal Research Analyst – Caspian & Europe at Wood Mackenzie research and consulting company told Trend.

Onshore construction of the Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, is almost complete, said Luca Schieppati, TAP Managing Director, Trend reports citing TAP AG consortium.