Baku, Azerbaijan, Aug.26
By Leman Zeynalova – Trend:
The Trans Adriatic Pipeline (TAP) consortium has already completed the construction of the microtunnel under the San Foca beach in Italy’s Puglia region, Trend reports with reference to the TAP AG consortium.
“TAP microtunnel running under the San Foca beach is ready, invisible and does not interfere with the daily lives of tourists and citizens,” said the consortium.
Reportedly, in the coming months the gas pipeline will be inserted into the microtunnel.
TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.
Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.
The project is currently in its construction phase, which started in 2016.
Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.
TAP shareholders include BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).
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