Snam re­veals launch time of TAP in­ter­con­nec­tion con­struc­tion

Azer News - - Busi­ness -

As of 14 Novem­ber 2018, TAP signed a Let­ter of In­tent, mark­ing the fi­nal stages of ne­go­ti­a­tion of the Main­te­nance Agree­ment talks be­tween TAP and Al­bgaz Sh.a and Snam S.p.a. – a joint ven­ture to act as the main­te­nance ser­vice provider for the Trans Adri­atic Pipe­line on the ter­ri­tory of Al­ba­nia.

Ap­prox­i­mately 82 per­cent of the TAP project, in­clud­ing en­gi­neer­ing, pro­cure­ment and con­struc­tion, was im­ple­mented. Since Novem­ber 2018, Al­ba­nia started prepa­ra­tions for drilling and pip­ing sources for the mi­cro­tunel on the 105-kilo­me­ter seabed of TAP. Con­struc­tion of this part of the pipe­line will be car­ried out in 2019 ac­cord­ing to the TAP sched­ule.

Re­cently, Al­ba­nian gov­ern­ment has ap­proved the de­ci­sion on ex­pro­pri­a­tion and tem­po­rary use of im­mov­able prop­erty af­fected by the project for con­struc­tion of dams that pre­vent river flood­ing and en­sure pro­tec­tion of the TAP in the Berat, Skra­par and Fier re­gions of the coun­try. Re­port­edly, prop­erty own­ers will re­ceive full com­pen­sa­tion. The men­tioned prop­erty will be used for a pe­riod of one year, reads the de­ci­sion.

TAP ex­pects to fully com­plete Greek sec­tion in 2019. Re­cently, TAP AG and DESFA SA which is re­spon­si­ble for the man­age­ment, op­er­a­tion, main­te­nance and de­vel­op­ment of the Na­tional Nat­u­ral Gas Sys­tem (NNGS) of Greece, have signed an agree­ment on the main­te­nance of Greek sec­tion (550 km) of the TAP pipe­line, ex­tend­ing from Kipoi in Evros close to the Greek-Turk­ish bor­der, to Ieropigi, Kas­to­ria, on Greece’s bor­der with Al­ba­nia.

Es­ti­mated at 4.5 bil­lion eu­ros, TAP is a part of South­ern Gas Cor­ri­dor project, that en­vis­ages trans­porta­tion of gas from Azer­bai­jani Shah Deniz-2 gas field to Greece and south­ern Italy across the Adri­atic Sea through Greece and Al­ba­nia, and in­volves de­sign­ing, con­struc­tion and op­er­a­tion of the nat­u­ral gas pipe­line.

On May 29, Baku hosted the launch cer­e­mony of the first phase of the South­ern Gas Cor­ri­dor project.

The In­ter­gov­ern­men­tal Agree­ment on the TAP project was signed by Al­ba­nia, Italy and Greece in Fe­bru­ary 2013. The 878-kilo­me­ter-long TAP pipe­line (Greece 550 kilo­me­ters, Al­ba­nia 215 kilo­me­ters, Adri­atic Sea 105 kilo­me­ters, and Italy 8 kilo­me­ters) hav­ing con­nected to the TANAP on the Turk­ish-Greek bor­der, will run through Greece, Al­ba­nia and the Adri­atic Sea, be­fore com­ing ashore in Italy’s south.

In Novem­ber, TAP and TANAP suc­cess­fully com­pleted their con­nec­tion on the banks of the Merich River on the Turk­ish-Greek bor­der.

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

TAP share­hold­ers in­clude BP (20 per­cent), SO­CAR (20 per­cent), Snam S.p.A. (20 per­cent), Fluxys (19 per­cent), Ena­gas (16 per­cent) and Axpo (5 per­cent).

The TAP project is one of the strate­gic ob­jec­tives of the EU in the en­ergy se­cu­rity and di­ver­si­fi­ca­tion of en­ergy sources, cho­sen as the short­est and di­rect way to ex­port nat­u­ral gas from Azer­bai­jan to the Euro­pean mar­kets.

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