TAP re-affirms its commitment to constructing pipeline through Greece
The Trans Adriatic Pipeline AG has re-affirmed its commitment to
constructing the pipeline through Greece’s territory.
“TAP re-affirms its full and strong commitment to constructing the
TAP pipeline project through Greece and ensuring gas deliveries to
Europe in early 2020,” the source in the TAP told Trend.
TAP will transport natural gas from the giant Shah Deniz II field
in Azerbaijan to Europe. The approximately 870 km 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 ashore in Southern Italy.
The length of the TAP pipeline in Greece is approximately 545
kilometres. TAP’s longest section, it will start at Kipoi, near the
country’s border with Turkey, and finish at its border with
Albania, south-west of Ieropigi.
The Greek section will include one compressor station near Kipoi
for 10 bcm and an additional one near Serres should TAP’s capacity
be upgraded to 20 bcm. There will be 23 block valve stations along
the Greek route.
Greece will receive 1 billion cubic meters of gas per year within
the contracts signed with Azerbaijan.
Despite the remarks regarding the commitment to the implementation
of this project, the new government in Greece periodically hinted
that it would like to get more benefits from the gas transit
through the country’s territory.
Nevertheless, TAP consortium earlier said that Greek government
fully supports the TAP project and TAP is progressing on schedule
in the country.
Currently Greece faces a serious debt crisis which reportedly could
be resulted in withdrawal of the country from the euro zone.
On July 5, Greek voters took part in a referendum to determine
whether Greece should accept the lenders-proposed bailout plan that
envisages serious spending cuts and tax increases. Over 61 percent
of Greek citizens said “no” to creditors' bailout proposals.
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