Azerbaijan, Greece discuss works done on TAP project

Baku, April 21, AZERTAC

Head of the SOCAR Energy Greece SA company Anar Mammadov has met Greek Deputy Prime Minister Yannis Dragasakis in Athens to discuss the works done on Trans-Adriatic (TAP) gas pipeline project which will transport Azerbaijani gas to Europe.

The sides exchanged views on the expansion of cooperation between the two countries, as well as the fourth meeting of the Azerbaijan-Greece Intergovernmental Commission for Economic, Industrial and Technological Cooperation to be held in Athens.

Azerbaijani Ambassador to Greece Rahman Mustafayev also attended the meeting.

The 870 kilometers long pipeline will be connected to the Trans Anatolian Pipeline (TANAP) on the Turkish-Greek border Kipoi, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy's south. It is planned to start the pipeline's construction in mid-2016.

TANAP project envisages transportation of gas of Shah Deniz field from Georgian-Turkish border to the western borders of Turkey.

The groundbreaking ceremony will take place in Greek city of Thessaloniki. TAP's initial pipeline capacity will be 10 billion cubic meters per year, but it will be easily expandable to 20 billion cubic meters per year. TAP is designed for transportation of natural gas of Shahdeniz 2 to Western Europe through Greece and Albania. This pipeline will start to transport Azerbaijani gas in 2019.

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

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