ECONOMY


More than 99% of trenching complete along TAP's route

Baku, October 3, AZERTAC

More than 99 percent of trenching was completed along the Trans Adriatic Pipeline’s (TAP) route, TAP AG consortium reported.

TAP said its contractors have environment teams, including ecologists and species specialists with expert local knowledge of biodiversity & Ecosystems.

TAP also employs field-based personnel to work with contractors, to ensure compliance with project standards.

TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.

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

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