Greece seeks profit from gas transit via the trans-Adriatic gas pipeline, which will deliver Azerbaijani gas to the European markets, Reuters reported on Wednesday citing Greek Energy Minister Panayotis Lafazanis.
“Without questioning our support to TAP project, we would like to receive profit for our country and our people, which we think is reasonable and fair,” Lafazanis said.
Reuters reported citing a source from the energy field that Greece, which has a shortage of finance, could ask for a share in the project or request a transit fee.
In February 2015 Lafazanis said that the Greek government supports construction of TAP and IGB gas pipeline (interconnector Greece-Bulgaria).
During his recent visit to Azerbaijan Lafazanis has discussed how Greece could benefit from TAP construction with several officials and said he is open to discussion of this issue.
TAP was selected as the consortium for development of the Azerbaijani Shah Deniz field as the route for gas transportation to the European markets.
The project is designed to transport gas from the Caspian region to the south of Italy and then further to Western Europe via Greece, Albania and Adriatic Sea. Total length of the pipeline will be about 870 km. The pipeline construction is expected to begin in 2016.
TAP shareholders include BP (20%), SOCAR (20%), Statoil (20%), Fluxys (16%), Total (10%), E.ON (9%) and Axpo (5%).—0—
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review