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TAP and Petrofac Sign Maintenance Contract

The Eastern division of the British company Petrofac has concluded a contract with the consortium for the construction of the Trans-Adriatic Pipeline (TAP) for the provision of operation and maintenance services.

This is stated in a message posted on the website of Petrofac. It is noted that the contract was concluded for 13 months.

Services under this agreement include the provision of specialized personnel to support operation and maintenance, technical services, etc., the company said.

Note that TAP worth 4.5 billion euros is part of the Southern Gas Corridor project and will be connected to another gas pipeline, TANAP, on the Turkish-Greek border: it will be laid across Greece, Albania and the Adriatic Sea, and then brought to the south of Italy.

The initial capacity of TAP will be 10 billion cubic meters (bcm) of gas per year with the possibility of doubling it.

It is expected that the construction of TAP will be completed in 2020, so that in the same year the first Azerbaijani gas will flow to Europe.

The length of the pipeline is 878 kilometers, of which 550 kilometers will be laid in Greece, 215 kilometers in Albania, 105 kilometers across the bottom of the Adriatic Sea and eight kilometers in Italy.

* TAP shareholders are: BP – 20 percent, SOCAR – 20 percent, Snam – 20 percent, Fluxys – 19 percent, Enagás – 16 percent, and Axpo – 5 percent.