ECONOMY


TAP pipeline reaches highest elevation point of project 2,100m above sea level

Baku, August 21, AZERTAC

TAP pipeline reaches the highest elevation point of the project 2,100m above sea level, TAP AG company said.

Marta pass (connecting Korça & Skrapari regions in Albania). Despite the difficult landscape, works are progressing according to plan.

Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3500-kilometre long gas value chain stretching from the Caspian Sea to Europe. TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan 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 shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

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