(MENAFN - Trend News Agency) Baku, Azerbaijan, May 7
By Leman Zeynalova – Trend:
The compressor station, being build as part of the Trans Adriatic Pipeline (TAP) project near Fier ,Albania is more than 85 percent complete, Trend reports citing TAP AG consortium.
'This is home to 3 turbo compressors - effectively the 'beating heart' of the compressor station - therefore playing a key role in natural gas transportation,' said the consortium.
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.
Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.
The project is currently in its construction phase, which 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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