ECONOMY


TAP Head of Communications: All geological studies for micro-tunnel construction concluded in Italy

Baku, January 16, AZERTAC

“In Italy, in line with the Single Authorisation permit granted by the Ministry of Economy on 20 May 2015, TAP continues to progress its secondary permitting activities,” TAP Head of Communications Lisa Givert told AZERTAC.

“Construction activities began in May 2016. Over the summer of 2016, TAP carried out the unexploded ordnance (UXO) and archaeological surveys as well as phytosanitary treatment (spraying of olive trees along TAP’s route, in preparation of moving the olive trees). With the surveys conducted on the San Foca beach in early October and in the maquis in December, all geological studies for the micro-tunnel construction have been concluded.”

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'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%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

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