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2019 News stories

 

TAP Inaugurates the 9th School in Albania

TAP Inaugurates the 9th School in Albania

16 September 2019

On 16 September 2019, on the first day of school, TAP and the Municipality of Berat inaugurated a brand-new school in Uznova. The €540,000 investment, part of TAP’s Social and Environmental Investment programme in Albania, benefits more than 330 pupils attending the school.

Trans Adriatic Pipeline Launches Market Test

Trans Adriatic Pipeline Launches Market Test

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.

Over 87% of Trans Adriatic Pipeline Complete Three Years after Construction Start

Over 87% of Trans Adriatic Pipeline Complete Three Years after Construction Start

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.

TAP Provides €520,000 for New Market in Korça, Albania

TAP Provides €520,000 for New Market in Korça, Albania

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.

TAP lays first offshore pipes in Albanian waters

TAP lays first offshore pipes in Albanian waters

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.

TAP Builds New Kindergarten and Renovates 7th School in Albania

TAP Builds New Kindergarten and Renovates 7th School in Albania

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.

TAP completes successful Euros 3.9 billion project financing

TAP completes successful Euros 3.9 billion project financing

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.