Speaking to an audience that included representatives of the local authorities and other key stakeholders, Prime Minister Rama and Energy Minister Gjiknuri emphasised the importance of the project to Albania. As one of the largest foreign investments in the country, TAP will have a positive impact on the country’s energy sector and will help encourage other foreign investments, they said.
TAP Managing Director Ian Bradshaw said: “I am delighted to be standing here today. TAP has made huge progress over these last few years and the evidence is what you see here today: steel pipes on the ground, heavy machinery in the background, right of way being cleared and trenches dug waiting for pipe to be laid. All this, with many hundreds of thousands of safe hours worked.
I would like to take this opportunity to thank the Albanian Government, in particular the Ministry of Energy and Industry for its unwavering support of our project and our strong cooperation, which has led to TAP’s realisation and delivery of this project.”
In Albania, TAP’s construction progress to date includes:
- 23km of Right of Way (RoW) cleared
- 12km pipe strung
- 8km of pipe welded
- 56% of pipes delivered – Line pipes & bends continue to arrive in Durrës (since April 2016)
- Over 94% of access roads & bridges (combined progress) are complete; approx. 90% of the workforce from Albania
TAP continues to be an active player in Albania, particularly in the regions where the project operates. Social investment projects are planned and executed with the participation and in close cooperation with the local community representatives.
About the Trans Adriatic Pipeline (TAP)
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 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 the economic development and job creation along the pipeline route; it will be a major source of foreign direct investment and it is not dependent on grants or subsidies. With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow approximately in early 2020.
TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
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