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
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review