The Trans-Adriatic Gas Pipeline (TAP), which is a unique gas link between the Balkan Peninsula and Italy, will be completed in 2020, said Marco Alvera, head of the Italian company Snam, which is involved in the project.
The pipeline will supply gas from Azerbaijan to Europe, being an alternative to Russian fuel, which continues to dominate natural gas supplies to the continent.
The Trans-Adriatic Gas Pipeline (TAP) is expected to be operational in 2020 and start transporting gas to the Apennines.
“Project execution is over 80% and work on building the Italian section has recently resumed in full volume”, said Marco Alvera
Snam has a 20% stake in TAP, with equivalent share being hold by the Azerbaijani company SOCAR and British BP. Other shareholders with smaller shares are the Belgian company Fluxus, the Italian Enegas and the Swiss Axpo.
The project is part of the gas pipeline system for the transport of natural gas from the Caspian Sea and the Middle East to Western Europe.
The route of the facility is 878 km long and crosses the territory of Greece, Albania, the bottom of the Adriatic Sea and goes to southern Italy in the Apulia area.
TAP is expected to become part of the Southern Gas Corridor.