Search results for: Trans Adriatic Pipeline

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  • 6 February 2012

    Trans Adriatic Pipeline (TAP) issued today a statement regarding the current gas supply shortfalls in Europe. “The extreme cold weather that Europe is presently facing has boosted gas demand, putting energy supplies under strain. In the past couple of days Russian gas supplies to Europe have fallen sharply, due to increase of own demand. In […]

  • 10 May 2017

    The construction of the Trans Adriatic Pipeline in Albania has been stopped after an ancient settlement has been discovered at the designated route. The pipeline is being built to carry gas from the Shah Deniz field in the Caspian Sea, off Azerbaijan, to Europe. It will connect with with the Trans Anatolian Pipeline (TANAP) near […]

  • 7 February 2018
    Business & Finance, Operations & Maintenance

    The Board of the European Investment Bank has approved EUR 1.5 billion of financing for the Trans Adriatic Pipeline (TAP) The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe. Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming […]

  • 4 March 2016

    European Commission on Thursday approved the deal between Greece and the Trans Adriatic Pipeline, ruling it was in line with EU state aid rules.

  • 8 September 2017
    Project & Tenders

    The Trans Adriatic Pipeline (TAP) that will transport natural gas from the giant Shah Deniz II field in the Caspian Sea off Azerbaijan to Europe is 50 percent complete. The 878-kilometer-long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming […]

  • 14 January 2019
    Business & Finance, Operations & Maintenance

    Trans Adriatic Pipeline project (TAP) has completed financial close in December 2018, securing € 3.9 billion – the largest project finance agreed for a European infrastructure project in 2018. Luca Schieppati, TAP’s managing director, said: “With the financial close now achieved, TAP has reached another major milestone of the project’s progress. TAP has voluntarily committed […]

  • 3 March 2015
    Business & Finance

    Trans Adriatic Pipeline AG (TAP) has launched two pre-qualification contracts for the construction of the 105 km offshore pipeline section under the Adriatic Sea. The greatest depth the pipeline will be laid is 820 meters. According to TAP, the first pre-qualification comprises Engineering, Procurement, Construction and Installation (EPCI) works for the offshore section of the […]

  • 15 September 2014
    Business & Finance, Project & Tenders

    The Minister of Environment, Gianluca Galletti, has signed the Decree of environmental compatibility of the project submitted by Trans Adriatic Pipeline AG (TAP) for the Italian section of the pipeline, concluding another major milestone for the project. The approval comes after extensive engagement with all those involved including regular discussion with local communities, public consultation […]

  • 4 March 2016

    The European Commission has given nod to a deal for a pipeline that will bring “new gas” to EU and “increase the security of energy supply for Southeast Europe.” More precisely, the EC has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state […]

  • 14 April 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The EPCI contract (Engineering, Procurement, Construction and Installation) involves the installation of a gas pipeline between […]

  • 8 September 2017
    Operations & Maintenance

    The Trans Adriatic Pipeline (TAP) has achieved 50% completion mark, nearly 16 months after the start of the construction. This includes all engineering, procurement and construction scope, TAP informed. TAP’s contractors have cleared around 70% of the project route in Greece and Albania, approximately 539km out of 765km. Approximately 95% of the total 55,000 pipes to […]

  • 9 September 2011

    The Trans Adriatic Pipeline (TAP) has submitted its Single Authorization application to the Ministry of Economic Development in Italy. The submission is a key step towards obtaining the final permits and authorizations for construction and operation of TAP’s gas pipeline in Italy. The Italian Ministry will henceforth consult with municipal, provincial, regional and central authorities; […]

  • 11 March 2016

    Trans Adriatic Pipeline AG, a company building a namesake natural gas pipeline, has awarded Spiecapag a contract for three lots of onshore gas pipelines. Under the contract awarded, one pipeline lot represents 185 km in Greece – between Kipoi and Kavala – and two lots are totalling 215 km in Albania, between Bilisht and Topoje. With a […]

  • 4 March 2016
    Business & Finance, Operations & Maintenance

    The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project should improve the security and diversity of EU energy supplies without unduly distorting competition in the single market. Margrethe Vestager, commissioner in charge of competition policy, stated: […]

  • 14 April 2016

    Italian offshore contractor Saipem has secured a new contract related to the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The Engineering, Procurement, Construction and Installation (EPCI) contract involves the installation of a gas pipeline […]

  • 2 May 2013

    The Shah Deniz consortium has begun evaluating binding transportation offers from the two pipeline consortia offering to carry gas from the Shah Deniz field in Azerbaijan into Europe. This represents another important milestone in the realisation of the Southern Gas Corridor. The two consortia, Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP), have been […]

  • 17 May 2016
    Business & Finance, Operations & Maintenance

    Construction works of the Trans Adriatic Pipeline (TAP) start today at the official launching ceremony in Thessaloniki, Greece, hosted by Greek prime minister Alexis Tsipras. TAP will be an 870 km long gas pipeline running from Komotini in Greece to Puglia in Italy, via Albania. It will be used to transport gas from Shah Deniz […]

  • 29 September 2011

    The Trans Adriatic Pipeline (TAP) has submitted a Preliminary Environmental Impact Assessment (PEIA) to the Greek Ministry of Environment. This application is an addition to the scoping documents that TAP submitted earlier this year in preparation for its full Environmental & Social Impact Assessment (ESIA). In addition to complying with Greek law, TAP has also […]

  • 20 May 2010
    Project & Tenders

    Statoil and EGL today, 20 May, announced the divestment of a combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas – a leading energy provider. The new shareholder structure of the Trans Adriatic Pipeline project now comprises of EGL holding a 42.5% share, Statoil holding a 42.5% share and the […]

  • 17 May 2011
    Business & Finance

      The Trans Adriatic Pipeline (TAP) announced yesterday that it has commenced the project’s formal Environmental and Social Impact Assessment (ESIA) process in Italy. The submission of its Scoping Report to the Italian authorities follows a similar move in Albania last month. The Scoping Report document was presented to national, regional, provincial and municipal authorities […]

  • 27 May 2012
    Business & Finance, Operations & Maintenance

    BP, the operator of the Shah Deniz natural gas field in Azerbaijan, expressed its commitment to developing the Trans Adriatic Pipeline (TAP) as the southern gas transportation route into Europe. Speaking at the BP Forum in Berlin, on the 24th of May, Iain Conn, Chief Executive Refining and Marketing at BP, reaffirmed the company’s commitment […]

  • 1 December 2015
    Business & Finance

    Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG (TAP) to the Italian gas infrastructure company Snam SpA. The Norwegian oil and gas giant is selling its interest in TAP for a total consideration of EUR 208 million […]