Azernews.Az

By Mirsaid Ibrahimzade

Southern Gas Corridor (SGC) is one of the most ambitious projects in oil and gas industry. Works on the construction of the Trans Adriatic Pipeline(TAP), which is part of SGC, are ongoing.

Shallow water pipelay and offshore backfilling in Albania as part of TAP project is now complete, TAP AG consortium informed.

This work started in April 2019 when TAP’s first ever offshore pipelines in Albania were pulled ashore on March 30.

The pipeline head reached kilometer point 0, where the offshore joins with the onshore section.

It is noteworthy that TAP’s offshore section, linking the Albanian and the Italian coasts, is 105 km long.

TAP is one of the four segments of the Southern Gas Corridor, which also consists of Shah Deniz 2, expansion of South Caucasus Pipeline (Baku-Tbilisi-Erzurum), and the Trans Anatolian Pipeline (TANAP).

The launching ceremony of the first stage of the Southern Gas Corridor was held in Baku on May 29, 2018, while the opening ceremony of TANAP was held on June 12, 2018, in the Turkish city of Eskisehir. TAP and TANAP have already been connected on the Turkish-Greek border.

TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

TAP project started in 2016. Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.

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

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Mirsaid Ibrahimzade is AzerNews’ staff journalist, follow him on Twitter: @MirsaidIbrahim1

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