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TAP project is 72.5% complete says President

The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, is over 72.5 percent complete, TAP President Walter Peeraer said in an interview with Trend. “The Trans Adriatic Pipeline is on…

80% of TAP project completed

The Trans Adriatic Pipeline Consortium recently announced that 80% of the work in Albania and Greece has been completed, where is concentrated the bulk of the project. According to the consortium, so far 627 kilometers have been…

Trans Adriatic Pipeline is 50% Completed

The Trans Adriatic Pipeline (TAP) is now more than 50% completed, nearly 16 months after construction began. This includes all engineering, procurement and construction scope. As of early-September 2017: TAP remains on its journey to…

Enagas joins TAP project

Trans Adriatic Pipeline AG (TAP) announced today that Enagás has joined the project as a new shareholder with a 16% stake in the company. In addition, existing shareholder Fluxys has increased its stake in TAP from 16% to 19%. The new…

World Bank approves project for Albania’s power sector

The World Bank’s Board of Executive Directors today approved US$150 million in IBRD financing for the Power Recovery Project in Albania. The project will support Albania’s power sector reforms, particularly to improve the reliability of the…

Aliyev: No losers in Southern Gas Corridor’s launch

The Southern Gas Corridor project is very beneficial for the partner countries, Azerbaijani President Ilham Aliyev said in Baku Sept. 20, at a ceremony marking the 20th anniversary of the ‘Contract of the Century’ and laying the foundation…

TAP Announces Progress

The Trans Adriatic Pipeline (TAP) is moving forward with its plans, issuing an official contract notice with a clear message: the project will not stop. ‘The scope of this particular Supply Contract will include manufacturing, testing…

TAP launches new visual identity

The Trans Adriatic Pipeline (TAP) launched a new visual identity and website signifying the next phase of the project’s development, as preparations continue to build the 870km pipeline. TAP will be an important element of the Southern Gas…

TAP Confirms Plan Despite E.ON, Total Withdrawal

Trans Adriatic Pipeline (TAP) sent a clear message on Thursday: despite some difficulties, the project will make its way from Turkey to Southern Italy. According to a press release, TAP has issued a contract notice for two compressor…

Italy Confirms South Stream Gas Pipeline as Priority

Italy's Deputy Minister for Economic Development Claudio de Vincenti has confirmed the priority status of the South Stream gas pipeline project. Speaking at a press conference on energy security, he noted that Italy was trying to act as…