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EGL, StatoilHydro Complete Trans Adriatic Pipeline Joint-Venture Setup
Norway’s StatoilHydro ASA and Swiss-based EGL Group concluded the final agreements leading to the establishment of their equally-owned joint venture company that will develop, build and own the Trans Adriatic Pipeline (TAP). The pipeline will carry natural gas from the Caspian Sea and Middle East regions into Europe.
ESIA Italy (in Italian)
TAP submitted its updated Environmental and Social Impact Assessment (ESIA) to the Italian Ministry of the Environment and Protection of Land and Sea on 10th of September 2013. The latest stage in a process, started in March 2012, will now see the final documentation go to consultation with all relevant national, regional and local authorities. Revised ESIA reflects feedback from the ongoing...
Prolonged Validity Period for TAP’s Exemption
The regulatory authorities in TAP’s host countries – Greece, Italy and Albania – have released a joint opinion, prolonging the validity period of TAP’s exemption from certain provisions of the EU Gas Directive. TAP’s exemption has been updated in line with the planned commencement date of Shah Deniz Phase 2 gas exports to Europe, now expected in 2020. This enables TAP to be fully aligned with...
Trans Adriatic Pipeline concludes Shareholder Agreement with SOCAR, BP and Total
TAP and its shareholders – Axpo, Statoil and E.ON – have concluded a Shareholder Agreement with three members of the Shah Deniz Consortium: SOCAR, BP and Total.
StatoilHydro Joins EGL in Trans Adriatic Pipeline Gas Project
StatoilHydro ASA and Swiss EGL Group will today sign an agreement to establish an equally-owned joint venture to develop, build and operate the Trans Adriatic Pipeline (TAP). The pipeline will open a new corridor and market outlet for natural gas from the Caspian Sea and Middle East regions into Europe.
TAP hires Ian Bradshaw as new Managing Director
TAP confirms the appointment of Ian Bradshaw as its new Managing Director starting on 1st February 2015 in Baar. Kjetil Tungland will return to Norway after having headed the joint venture project for over four and half years and having completed his Statoil secondment with TAP.
TAP receives Compound Development Permit in Albania
Phase 1 of the permit approved by the Albanian National Territory Council (KKT)
TAP reconfirms Shah Deniz II as the initial gas source for the pipeline
In a joint statement, shareholders EGL, Statoil and E.ON Ruhrgas said: "The TAP pipeline is designed to cater for the volumes of gas from Shah Deniz phase two that will be exported beyond Turkey into Europe. TAP shareholders consider Caspian gas to be the initial source of supply to fill TAP’s initial capacity of 10 bcm per year. The pipeline will not transport any Iranian gas under the current...