Thursday, 14 January 2016

Greece Approved Construction of Pipeline TAP

In General Energy News 14/01/2016

The Ministers of Environment and Energy of Greece signed here a decree giving green light to the construction of the pipeline Trans Adriatic Pipeline (TAP) in 13 national regions.
The project includes the installation of pipelines throughout the north to connect in the east with the line from Turkey and in the west with Albania, which last summer began working on the infrastructure.
Greece expects the TAP stimulates the economy and employment, considering the creation of up to 10,000 direct jobs, both during construction and subsequent operation stage.
The pipeline, that should be operational in 2019, will supply European markets with gas from Azerbaijan and its goal is to reduce dependence on Russia by diversifying energy sources and routes.
The strengthening of the geopolitical role of Greece as an energy supplier will be further increased by the construction of a floating liquefied natural gas (LNG) in Alexandropoli, explained sources consulted by Prensa Latina.
This project, approved by the European Commission, which already has a plan of action, will supply gas to the national grid, will connect to the TAP and with the IGB pipeline from Bulgaria to supply Serbia and Romania.
An international forum on natural gas is scheduled for January 22 in Athens, where special attention will be paid to these regional projects.

Source: Prensa Latina