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TAP Enters Final Stretch, says Papalexandri at the 23rd Economist Roundtable

22 July 2019

Athens, Greece. Trans Adriatic Pipeline (TAP) AG participated at the "23rd Roundtable with the Government of Greece" (16 and 17 July 2019), the annual conference organised by The Economist.

Katerina Papalexandri, TAP Country Manager for Greece, took part in the discussion about the role of Greece as an energy hub in South-east Europe, along with the new Greek Minister of Environment and Energy, Kostis Chatzidakis, his counterpart from Cyprus, Yiorgos Lakkotrypis, as well as other representatives of the energy sector.

 

Katerina Papalexandri initially referred to the progress of TAP works in Greece, three years after the beginning of construction. During this time, she noted, all ca. 550km of the pipeline’s Greek route have been completed, while construction of the above-the-ground installations (compressor station and block-valve stations) is also ongoing, as is the process of reinstating the land and returning it to farmers.

Commenting on developments thus far, TAP’s Country Manager for Greece stressed that herself and her team are proud of the way in which this extensive project is being implemented; i.e. with respect to the environment and the local communities, and with significant benefits for the country on a financial, business and social level.  

Given the upcoming completion of the pipeline construction, as well as the topic of this year’s conference focusing on the way forward for Europe ("Europe: leaving indecisiveness behind?"), Katerina Papalexandri also discussed upcoming milestones for TAP. She noted that in the next months, TAP will focus on the completion of construction works and preparations for operational readiness – the ultimate target being to introduce hydrocarbons into the pipeline and start first gas deliveries in 2020.

TAP is a strategic energy infrastructure laying the foundations for further development of the natural gas market in the wider area. This project –as stressed by both Katerina Papalexandri and other conference speakers– will enable access to a new source of natural gas, as well as the opportunity to connect with new markets, thus significantly contributing to energy security in the country and in Europe.