ECONOMY


TAP starts construction and rehabilitation work on access roads and bridges along the pipeline's route in Albania

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Baku, July 6, AZERTAC

The Trans Adriatic Pipeline AG (TAP) has started construction and rehabilitation work on access roads and bridges along the pipeline's route in Albania, the consortium said on its official website.

TAP Managing Director Ian Bradshaw, the Prime Minister of Albania, Edi Rama and Minister of Energy and Industry Damian Gjiknuri attended the event held on the occasion.

Prime Minister Rama and Minister Gjiknuri emphasized the importance of the project to Albania. They said that as one of the largest foreign investments in the country, TAP will have a positive impact on the country's energy sector and will help encourage other foreign investments.

"TAP aims to build a modern pipeline that will safely deliver Caspian gas to Europe in early 2020. The construction of access roads and bridges in Albania is critical to our project's progress. We are committed to zero harm to affected communities and minimum impact to the environment with safety remaining one of our highest priorities. This is an important step in realising that commitment", TAP Managing Director said.

TAP will construct and rehabilitate approximately 100 kilometres of road along the pipeline's route, as well as build three new bridges and rehabilitate more than 40 existing bridges.

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 870 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 coming ashore in Southern Italy.

TAP's shareholding is comprised of BP (20 percent), SOCAR (20 percent), Statoil (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

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