Trans Adriatic Pipeline gets instalation permit from Greece

Jun 08, 2016 12:00 AM

The Greek Ministry of Environment and Energy has granted Trans Adriatic Pipeline (TAP) its Installation Permit for Greece, TAP reported on June 8.

Together with the Installation Act, secured in January 2016, the Installation Permit allows the pipeline construction activities in Greece to start in line with the project schedule, the report said.

"Benefiting from exemplary collaboration with the Greek government and the competent authorities at all levels, our project execution continues to progress as expected. I am pleased to report that batches of line pipe for Greece continue to reach our marshalling yards in Thessaloniki and Kavala", said Ian Bradshaw, the managing director at TAP.

TAP project envisages transportation of gas from the Stage 2 of development of Azerbaijan's Shah Deniz gas and condensate field to the EU countries.

The 870-kilometer pipeline will be connected to the Trans Anatolian Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy's south.

TAP's shareholding is comprised of BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

A ceremony marking the beginning of construction for the project was held on Tuesday, 17 May in Thessaloniki.

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