ECONOMY


TAP: 85 percent of construction of compressor stations in Albania completed

Baku, May 7, AZERTAC

“85 percent of the construction of compressor stations of Trans-Adriatic Pipeline (TAP) in Albania has been completed,” TAP AG consortium said.

“This is home to 3 turbo compressors - effectively the “beating heart” of the compressor station - therefore playing a key role in natural gas transportation,” the company added.

The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, is 86.5 percent complete as of late March. TAP is currently moving further into the project construction phase. Every day hundreds of meters of TAP’s Right of Way (ROW) are cleared, strung, welded, lowered into the trenches and backfilled, in line with the project construction steps and schedule.

The Trans Adriatic Pipeline (TAP) will transport natural gas from the giant Shah Deniz 2 field in Azerbaijan via Greece, Albania to southern Italy and further to Europe. The 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 coming ashore in 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 economic development and job creation along the pipeline route; it will also be a major source of foreign direct investment. With first gas to Georgia and Turkey now being delivered, first deliveries to Europe will follow in 2020.

TAP`s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

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