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Friday, 20 October 2017 11:00

Pipes for TAP delivered to Greece

Pipes for TAP delivered to Greece

The first gas-turbine turbo-compressor units to be installed at the TAP compressor station near the city of Kipoi in Greece have been delivered to the construction site, TAP Consortium said on Thursday, Caspian Energy News (www.caspianenergy.net) reports with reference to TAP.

On October 17 the first turbo-compressor unit was successfully unloaded and installed on a previously constructed concrete foundation at the compressor station.

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The 878km long pipeline 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 routing can facilitate gas supply to several South Eastern European countries, including Bulgaria, Albania, Bosnia and Herzegovina, Montenegro, Croatia and others. TAP’s landfall in Italy provides multiple opportunities for further transport of Caspian natural gas to some of the largest European markets such as Germany, France, the UK, Switzerland and Austria.

TAP will promote the economic development and job creation along the pipeline route; it will be a major source of foreign direct investment and it is not dependent on grants or subsidies. With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow in 2020.

TAP shareholders are: BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

More details: https://twitter.com/i/web/status/920640779776794624

Person in charge of the newsline: Fidan Isayeva

 

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