Baku, Azerbaijan, May 14
By Elena Kosolapova - Trend:
Practical work on the Trans-Adriatic Pipeline (TAP) project started in Italy's Bari city on May 13, Italian media reported citing Michele Mario Elia, the TAP project's country manager for Italy.
TAP project envisages transportation of gas from the Stage 2 of development of Azerbaijan's Shah Deniz gas and condensate field to the EU countries.
The 870-kilometer pipeline will be connected to the Trans Anatolian Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy's south.
TAP's initial capacity will be 10 billion cubic meters of gas a year, expandable to 20 billion cubic meters.
TAP shareholders are: BP (20 percent), SOCAR (20 percent), Snam S.p.A (20 percent), Fluxys (19 percent), Enagas (16 percent) and Axpo (5 percent).
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