Italian Premier Enrico Letta will arrive in Baku on December 17, 2013.
Italian Lesse News 24 reported that Italian Premier will attend the ceremony of the Shah-Deniz-2 gas condensate field authorization.
Half of the gas extracted from the Shah-Deniz Stage-2 will be delivered to the Italian market via the trans-Adriatic pipeline (TAP). The TAP was selected by the Shah-Deniz consortium on June 28, 2013.
It is planned to extract the first gas from the Shah-Deniz Phase 2 in 2018. After two years the consortium will reach a project capacity of 16 billion cub.m., of which 6 billion cub.m. will be delivered to Turkey, 1 billion cub.m. to Greece and Bulgaria each and 8 billion cub.m. to Italy.
Greek and Albanian officials are also expected to attend the ceremony.—0—
Economics
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