- Over 93% of the land along TAP’s route in Greece, Albania and Italy has been reinstated,
- In Italy, works are well under way at the pipeline receiving terminal,
- The compressor and metering stations are more than 85% complete,
- The installation of pipes offshore continues to progress in line with the project schedule,
- The project has a world class safety record with lost time frequency levels well below international norms; TAP teams have driven over 116 million kilometres and worked approximately 41 million man-hours without any major safety incident.
Luca Schieppati, TAP’s Managing Director, said: “TAP matters for three main reasons. It brings immediate benefits to our three host countries. More broadly, it will provide a degree of energy security and diversity that the wider region hasn’t had before. It’s also a key project that will facilitate Europe’s energy transition. However, we have always appreciated that beyond the macro issues, this is a construction process that must deliver tangible social and economic benefits to the communities hosting the pipeline for decades to come. We have worked hard to achieve this over the past three years and the pipeline’s positive legacy will continue long after the construction is completed.”
Once built, TAP will provide important new energy supplies for South Eastern Europe to power its homes and industries as the region transitions to a low carbon future. Natural gas is the cleanest fossil fuel and will continue to play an important role in Europe’s future energy mix helping to replace more carbon intensive sources of energy. It will also increase energy security by diversifying EU’s energy supplies. For example, on completion, TAP will provide an estimated 33% of Bulgaria’s gas needs, 20% for Greece and approximately 10.5% for Italy.
Forming part of the Southern Gas Corridor, a US$40 billion 3500-kilometre long gas value chain stretching from the Caspian Sea to Europe, TAP will offer a direct and cost-effective transportation route to South East European countries and beyond. It will transport natural gas from the Caspian basin to Europe, connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, crossing Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to finally connect to the Italian natural gas network.
About the Trans Adriatic Pipeline (TAP)
TAP will transport natural gas from the giant Shah Deniz II field in the Azerbaijani sector of the Caspian Sea to Europe. The 878 km long pipeline connects with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border in Kipoi, crosses Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.
First gas deliveries to Europe via TAP will start in 2020.
TAP’s routing can facilitate gas supply to several South Eastern European countries. TAP’s landfall in Italy provides multiple opportunities for further transport of Caspian gas to the wider European markets.
TAP promotes economic development and job creation along the pipeline route; it is also a major source of foreign direct investment.
TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
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