Entire Europe Will Benefit From Ion-Adriatic Pipeline - Vice PM Of Montenegro
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 3. The
implementation of the Ion-Adriatic Pipeline (IAP) will be
beneficial not only for Montenegro, but also for the entire region,
Ervin Ibrahimović, Vice Prime Minister and Minister of Capital
Investments of Montenegro, said at the ministerial meeting of the
Southern gas Corridor Advisory Council held in Baku, trend reports.
According to the minister, Montenegro is working towards
connecting to the energy systems of neighboring countries.
'In accordance with the European Agreement on Green Energy and
the Energy Policy of the European Union, we are committed to the
transition to green energy, decarbonization, expanding the use of
renewable energy sources and improving energy efficiency. We plan
to develop our energy grids through the construction of new
facilities,' he added.
IAP is planned to be connected to the Trans Adriatic Pipeline
(TAP), which, in turn, is a part of the Southern Gas Corridor
(SGC), to transport gas to the countries of the South-East
Europe.
The pipeline with total length of 516 kilometers will stretch
from Albania through Montenegro, and Bosnia and Herzegovina, to
split in Croatia. The capacity of the pipeline will amount to 5
billion cubic meters of gas per year.
TAP has already signed relevant memorandums with the developers
of this project, in particular with such companies as Plinacro
(Croatia), BH-Gas (Bosnia and Herzegovina), Geoplin Plinovodi
(Slovenia), as well as with the governments of Montenegro and
Albania.
At the same time, a TAP-IAP joint working group has been created
that gathers regularly to synchronize the timing of both pipeline
projects and coordinate the technical issues of
interconnection.
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