(MENAFN- Trend News Agency ) Baku, Azerbaijan, Nov.22
By Leman Zeynalova – Trend:
The Trans Adriatic Pipeline (TAP) project, which envisages transportation of Azerbaijani gas to Europe, will contribute to achievement of decarbonisation goals, said Clara Risso, TAP Italy.
"TAP looks to the future and continues to be available for dialogue and to inform about the benefits and positive impacts on the territory through which it passes. We will contribute to the achievement of the decarbonisation goals,' added Risso.
TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.
The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy's south.
TAP will be 878 kilometers in length (Greece 550 kilometers, Albania 215 kilometers, Adriatic Sea 105 kilometers, and Italy 8 kilometers).
TAP's shareholding is comprised of 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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