TAP issues contract notice for Italy onshore construction
Trans Adriatic Pipeline AG (TAP) invites companies to pre-qualify for the construction of the Pipeline Receiving Terminal (PRT) and the installation of onshore pipeline in Italy.
It is intended that the scope of work will cover two lots:
The Engineering, Procurement and Construction (EPC) of the PRT and The EPC of an approximately 8-kilometre long, 36-inch diameter high-pressure pipeline, running from the first dry weld at the landfall in Italy to the scraper trap located in the PRT. The PRT will receive natural gas from the pipeline offshore section and host the supervisory and control centre of TAP. The PRT will be integrated into the surrounding landscape and have limited visual impact on the area. The facility will connect to the Snam Rete Gas network.
Specific details of the contract notice can be found in the Supplement of Official Journal of the EU – Tenders Electronic Daily (TED).
The deadline for companies to request the pre-qualification questionnaire is 07.04.2015. Following the selection stage, TAP aims to issue the related Invitations to Tender (ITT) for onshore construction in Italy by 22.04.2015.
Knut Steinar Kvindesland, Procurement Director at TAP said: “With the launch of this pre-qualification notice, TAP is now in the market to secure EPC services for building the pipeline all the way from Kipoi, Greece, through to southern Italy. Our selection process remains transparent, rigorous and with particular an emphasis on meeting Health, Safety and Environment standards as well as a proven commitment to TAP’s zero harm policy.”
TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 870 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.
TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Statoil (20%), Fluxys (19%), Enagás (16%) and Axpo (5%). –12D--
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review