ECONOMY


Construction of TAP compressor stations began in Greece and Albania

Baku, April 17, AZERTAC

The construction of the compressor stations (one in Kipoi, Greece, and one in Fier, Albania) of TAP began in the first quarter of 2017, Lisa Givert, TAP Head of Communications, has told AZERTAC in an exclusive interview.

“The Engineering Procurement and Construction (EPC) contractor, the joint venture Renco Terna, have been mobilised, preliminary activities (soil removal, transportation of materials, etc.) are in full swing, and piling of over 4,000 stone columns in Fier has commenced in line with our schedule.” “The compressor stations construction will be a continuous activity over approximately two years,” she added.

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 878 km 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 reaching Southern Italy. TAP will be 878 kilometres in length (Greece 550 km; Albania 215 km; Adriatic Sea 105 km; Italy 8 km). Its highest point will be 1,800 metres in Albania's mountains, while its lowest will be 820 metres beneath the sea.

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. With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow approximately in early 2020.

TAP's shareholding is comprised of BP (20%), Southern Gas Corridor CJSC (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

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