1 July 2019
TAP launched a market test to allow natural gas shippers to express interest, and in a later phase, secure access to new, long-term capacity in TAP, thereby enabling the future expansion of the pipeline capacity. The market test will be conducted in two main phases: a non-binding phase, starting on 1 July 2019, followed by a binding phase, expected to start earliest in the second quarter of 2020.
16 May 2019
Today marks the three year anniversary since the start of the Trans Adriatic Pipeline construction. To date, 98% of pipes are laid in the ground across Greece, Albania and Italy. Additionally, over 93% of the land along TAP’s route in Greece, Albania and Italy has been reinstated.
15 April 2019
On 14 April 2019, TAP, the Municipality of Korça and the Italian-Albanian Debt for Development Swap Program (IADSA) inaugurated a new market hall in Korça, “Markata e Shijes” (in English, the “market of taste”). The new market offers a modern space for the residents of Korça, where they can purchase fresh fruit and vegetables, dairy, meat and sea food products from the surrounding areas.
4 April 2019
TAP’s first ever offshore pipelines in Albania were successfully pulled ashore on March 30. The pipeline head reached kilometre point 0, where the offshore joins with the onshore section, at 12:50 hrs.
31 January 2019
On 30 January 2019, the Trans Adriatic Pipeline (TAP) and the Municipality of Berat inaugurated a new kindergarten in the Dushnik village and a renovated a school in the Veterik village. These projects, which amount to approximately €440,000, are part of TAP’s Social and Environmental Investment (SEI) programme in Albania.
11 January 2019
As one of Europe’s most strategic projects, TAP successfully completed financial close in December 2018, securing Euros 3.9 billion - the largest project finance agreed for a European infrastructure project in 2018. The financing is provided by a group of 17 commercial banks, alongside the EBRD and the European Investment Bank (EIB). Part of the financing is covered by the export credit agencies - bpifrance, Euler Hermes and Sace.