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Expected time of TAP groundbreaking ceremony revealed

Economy Materials 29 February 2016 12:31 (UTC +04:00)
The groundbreaking ceremony for the Trans Adriatic Pipeline (TAP) is expected to take place in late May-early June 2016 in Greek city of Thessaloniki,
Expected time of TAP groundbreaking ceremony revealed

Baku, Azerbaijan, Feb. 29

By Azad Hasanli - Trend:

The groundbreaking ceremony for the Trans Adriatic Pipeline (TAP) is expected to take place in late May-early June 2016 in Greek city of Thessaloniki, TAP Managing Director Ian Bradshaw said Feb. 29.

He made the remarks during the second Southern Gas Corridor Advisory Council Ministerial Meeting.

Bradshaw said that TAP achieved big progress in Greece, adding that the deliveries of pipes into the country will be carried out by end of April 2016, while the pipe-laying activity will begin in the middle of 2016.

Meanwhile, the delivery of pipelines to Albania and their laying there will start at approximately the same time, according to Bradshaw.

Energy ministers of the Southern Gas Corridor member states and representatives of different structures, as well as the EU Commission Vice-President for Energy Union are participating at the Southern Gas Corridor Advisory Council Ministerial Meeting in Baku.

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 870 km long TAP 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.

TAP's shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (five percent).

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Follow the author on Twitter: @AzadHasanli

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