93% of route of Trans Adriatic Pipeline (TAP), which will transport Azerbaijani gas to Europe, in Greece and Albania, was cleared.
According to information, it means 710 km out of 765 km of the pipeline in the two countries.
Notably, TAP, which is a part of Southern Gas Corridor project, will initially transport annual 10 bln cubic meters of the gas produced within ‘Shah Deniz 2’ project, to Europe. This pipeline will join TANAP (Trans Anatolian) pipeline in Kipoi territory on Turkey-Greece border and cross Greece, Albania and the Adriatic Sea before going onshore in southern Italy.
After reviewing various selection options during two years, on June 28, 2013, ‘Shah Deniz’ Consortium has officially declared selection of the TAP project. The pipeline is 878 kilometers long, 550 km of which will cover Greece, 215 Albania, 105 Adriatic Sea and 8 km Southern Italy. Highest point of the pipeline will be in the mountains of Albania (1 800 meters), the lower part (-820 meters) beneath the sea.
TAP’s groundbreaking ceremony was held in Thessaloniki, Greece on May 17, 2016. Azerbaijani gas will be delivered to Europe in 2020.
BP (20%), SOCAR (20%), ‘Snam S.p.A.’ (20%), ‘Fluxys’ (19%), ‘Enagas’ (16%) and ‘Axpo’ (5%) companies acting as TAP shareholders.