Montenegro wants to take part in IAP construction
Baku, Azerbaijan, Feb.9
By Leman Zeynalova – Trend:
Montenegro has a strong interest in taking part in the construction of the Ionian Adriatic Pipeline (IAP), said the country’s Prime Minister Dusko Markovic.
He made the remarks during the meeting with Azerbaijan’s ambassador to the country Eldar Hasanov, said the message on the website of Montenegrin government.
During the meeting, the two parties held talks on further improvement of political and economic relations between Azerbaijan and Montenegro.
IAP is a proposed natural gas pipeline in Southeastern Europe (SEE) that will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to Split in Croatia. It will be connected with the Trans Adriatic Pipeline (TAP).
IAP will provide deliveries of Azerbaijani gas to several countries of South-Eastern Europe. The capacity of the pipeline will amount to five billion cubic meters of gas per year.
TAP has already signed memorandums of understanding and cooperation with the developers of this project, in particular with companies of Plinacro (Croatia), BH-Gas (Bosnia and Herzegovina), Geoplin Plinovodi (Slovenia), as well as with the governments of Montenegro and Albania.
There has been created a TAP-IAP joint working group that gathers regularly to synchronize the timing both pipeline projects and coordinate the technical issues of interconnection.
Further, Marković assessed the current cooperation between the two countries as very successful and voiced satisfaction with the implementation of the Portnovi tourist resort project, as well as the opening of an Azerbaijani bank in Montenegro.
Ambassador Hasanov, for his part, emphasized interest of the Azerbaijani investors in a number of new projects in Montenegro, as well as the tourists in visiting Montenegro.
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