• $
  • €
  • ₽
  • ₺
  • £

TAP due to start excavation phase to connect two sections

TAP due to start excavation phase to connect two sections
18.01.2019 11:07
TAP AG, the consortium for construction of the Trans Adriatic Pipeline (TAP), will soon start excavation phase that will allow connecting the part of the gas pipeline that arrives by sea from Albania with the short stretch on land in Italy, Trend reports citing a message from the consortium.

The final part of this connection, about 1.5 kilometers long, will be realized using the micro-tunnel technology, said the message.

"The excavation will be carried out at 16 meters below the beach and therefore there will be no interference with what is happening on the surface, nor will there be any limitation of access to those areas for citizens,” the consortium said.

TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania, and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.

The project is currently in its construction phase, which started in 2016.

Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.

TAP shareholders include BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).



www.anews.az
Similar news
Similar news
Ararat Mirzoyan Suggests TRIPP Project Could Launch Prior to Armenia-Azerbaijan Peace Treaty
Business 17:00
Ararat Mirzoyan Suggests TRIPP Project Could Launch Prior to Armenia-Azerbaijan Peace Treaty
Azerbaijan covers up to 70% of transport costs for eligible exports
Business 16:32
Azerbaijan covers up to 70% of transport costs for eligible exports
President Ilham Aliyev Appoints New Head of Penitentiary Service
Business 16:00
President Ilham Aliyev Appoints New Head of Penitentiary Service
Tankers carrying Russian diesel head to US, sparking debate in Congress
Business 15:00
Tankers carrying Russian diesel head to US, sparking debate in Congress
Central Bank of Azerbaijan to Announce Policy Rate Decision on October 29
Business 14:00
Central Bank of Azerbaijan to Announce Policy Rate Decision on October 29
President Ilham Aliyev: Azerbaijan Recognized Globally as a Reliable Energy Supplier
Business 13:30
President Ilham Aliyev: Azerbaijan Recognized Globally as a Reliable Energy Supplier
Azerbaijan’s Banking Sector Assets Top 63.6 Billion Manats, Up 13.3% Year-on-Year
Business 12:00
Azerbaijan’s Banking Sector Assets Top 63.6 Billion Manats, Up 13.3% Year-on-Year
Georgia’s Municipal Development Fund to Oversee Construction of New Embassy Complex in Baku
Business 11:30
Georgia’s Municipal Development Fund to Oversee Construction of New Embassy Complex in Baku
Central Bank of Azerbaijan Announces Official Exchange Rates
Business 09:30
Central Bank of Azerbaijan Announces Official Exchange Rates
Anews TV

Our official Youtube channel

Subscribe