The first pipes, which will be used for construction of the Albanian section of the Trans Adriatic gas pipeline (TAP), will be delivered to Albania, reported TAP consortium.
The event has been held in this connection near Durres city with participation of Albanian Premier Edi Rama, Minister of Energy and Industry of Albania Damian Giknoori, representatives of local authorities, TAP contractors, local companies and other interested parties.
Albanian Premier Edi Rama and Minister of Energy and Industry Damian Giknoori have emphasized TAP importance as one of the important energy projects, owing to which Albania will participate at Europe’s energy market. They mentioned positive role, which TAP will open for development of Albania’s economy and affect development of energy infrastructure of the country.
TAP representative in Albania Sholhin Bozgo said: “We are looking forward towards construction of the Albanian section of TAP. This is a great project and its successful implementation will become possible as a result of productive cooperation of all interested parties.”
13,000 pipes 18 and 12 meters long will be used to lay the Albanian section of TAP. The pipes are made by German Salzgitter Mannesmann International Gmbh company.
TAP pipeline 878 km long will join Trans Anadolu gas pipeline (TANAP) on the Turkish-Greek border in Kipoi. TAP envisages gas transportation from the Shah Deniz-2 field in the Azerbaijani sector of the Caspian Sea, through Greece and Albania, Adriatic Sea on the south of Italy and from there to western Europe. The initial pumping capacity of TAP will be 10 bcm of gas a year.
TAP shareholders include BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagas (16%) and Axpo (5%). –0--
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review