Independent journal on economy and transport policy
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Agreement Italy, Greece and Albania for the political support to the project of the gas pipeline Trans Adriatic Pipeline
It will have a annual ability to 10-20 billion cubic metres
September 28, 2012
To New York, last night in the margin of the shareholders' meeting of the United Nations and to the presence of the representatives of the government the USA, the governments of Italy, Greece and Albania, with the signature of a memorandum of understanding, they have confirmed their political support to the realization of the project of the gas pipeline Trans Adriatic Pipeline (TAP). The Trans Adriatic has announced Pipeline, joint venture participated from Swiss EGL (42.5%), from the Norwegian Statoil (42.5%) and from German E.ON Ruhrgas (15.0%) that it is constituted in order to plan and to construct the gas pipeline.
Specifying that the agreement allows with TAP to continue own business activity in Italy, the managing director of joint venture, Kjetil Tungland, thanking the governments of the three nations signers, have emphasized that the understanding "represents another great step ahead for the project and testifies of the commercial and technical force of the TAP and the meaningful benefits that will be able to carry these nations".
The understanding is received with satisfaction also from the European commissioner to the Energy, Günther Oettinger: "this - it has commented - is an ulterior step ahead towards our objective to take the gas directly from the region of the Caspian one".
The project of the TAP previews to carry the natural gas from the reservoir Shah Deniz II in Azerbaijan to Italy with a long gas pipeline about 800 kilometers that Greece will cross (478 kilometers), Albania (204 km) and Mare Adriatico (105 km) in order to reach on Italian territory (5 km), gas that successively will come also transported towards western Europe. The project previews that the gas pipeline, called Southern Gas Corridor, can arrive to a annual ability to 10-20 billion cubic metres.
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To New York, last night in the margin of the shareholders' meeting of the United Nations and to the presence of the representatives of the government the USA, the governments of Italy, Greece and Albania, with the signature of a memorandum of understanding, they have confirmed their political support to the realization of the project of the gas pipeline Trans Adriatic Pipeline (TAP). The Trans Adriatic has announced Pipeline, joint venture participated from Swiss EGL (42.5%), from the Norwegian Statoil (42.5%) and from German E.ON Ruhrgas (15.0%) that it is constituted in order to plan and to construct the gas pipeline.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
