Baku, Azerbaijan, Nov.14
By Leman Zeynalova – Trend:
Local law enforcement agencies are securing the construction site of the Trans Adriatic Pipeline (TAP) in Southern Italy, TAP AG consortium said on its Twitter page.
“It is a priority to ensure the safety of workers and anyone else in the vicinity,” said the consortium.
Greece, Albania and Italy, through which the pipeline passes, will benefit on a strategic level from the presence of TAP and their status on the European map as regional energy hubs, according to the message.
Benefits that TAP will bring include: direct contribution to Gross Domestic Product (GDP) through taxes; direct and indirect employment during construction and operation; procurement of goods and services through eligible suppliers; social and environmental investment: community investment programs and access roads and bridges in Albania, said the message.
TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.
The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.
TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).
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 (5 percent).
Follow the author on Twitter: @Lyaman_Zeyn