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TAP Unveils Ancient Building Complex in Albania
During pipeline construction works, TAP discovered a building complex spanning various historical stages. The site includes structures from the 6th century to the 17th – 18th centuries.
TAP confirms Greek Government approval of Environmental Social Impact Assessment
Greece’s Ministry of Environment, Energy and Climate Change gave formal approval and signed the Environmental and Social Impact Assessment (ESIA) submitted by Trans Adriatic Pipeline AG (TAP) for the Greek section of the pipeline, concluding another major milestone for the project.
TAP confirms Italian Government approval of Environmental Impact Assessment
The Minister of Environment, Gianluca Galletti, has signed the Decree of environmental compatibility of the project submitted by Trans Adriatic Pipeline AG (TAP) for the Italian section of the pipeline, concluding another major milestone for the project.
TAP issues invitation to tender for Supply of Gas Turbine Turbo Compressor Units
Trans Adriatic Pipeline AG’s (TAP) procurement process moves forward as it issues its next Invitations to Tender (ITT) for the supply of six gas turbine turbo compressor units.
Snam S.p.A. to join TAP shareholding, acquiring 20% stake in the project from Statoil
TAP is pleased to announce that Snam S.p.A. (Snam) will shortly join TAP’s shareholding by acquiring a 20% stake in the project from Statoil. The transaction is expected to close by end 2015. Following closing, TAP’s shareholding will be comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
TAP: a few clarifications on the project
Following the recent articles published by local newspapers, TAP wants to highlight that the approval by the Council of Ministers of the bill for the parliamentary ratification of the IGA is part of a broader legislative and authoritative procedure that the Italian law foresees for the completion of strategic energy infrastructures.
Pipeline construction
The construction of the Trans Adriatic Pipeline involved meticulous planning, the highest safety standards, world-class engineering and a commitment to protecting the environment and communities living near the pipeline. TAP is 877 kilometres in length: 772 kilometres onshore and 105 kilometres offshore.
TAP Awards Contract to Corinth Pipeworks S.A. for Onshore Line Pipe
TAP has awarded a contract to Corinth Pipeworks S.A. who will provide approximately 495km of 48” diameter line pipes for the Trans Adriatic Pipeline across Greece. This contract award makes up approximately 270,000 tonnes of line pipe.
TAP Holds Bank Presentation
The representatives of over 20 leading project finance banks attended an introductory meeting organised by the Trans Adriatic Pipeline AG (TAP) in London. TAP is planning to raise limited recourse finance from multilateral agencies, export credit agencies and commercial banks in 2016.