: E.U. starts building Trans Adriatic Pipeline bypassing Russia

19:21 May. 17, 2016

E.U. starts building Trans Adriatic Pipeline bypassing Russia

Greece's Prime Minister Alexis Tsipras, right, shake hands with Turkish Minister of Energy Berat Albayrak during the Trans Adriatic Pipeline inauguration ceremony, in the northern Greek city of Thessaloniki, May 17, 2016 (AP Photo)

The route will connect Greece and Italy through the Adriatic Sea and Balkans

The E.U. has started constructing Trans Adriatic Gas Pipeline (TAP). This is reported by the European Commission spokesperson Margaritis Schinas.

The pipeline is planned to become the key element of the Southern Gas Corridor in order to transport gas bypassing Russia: it will connect Greece and Italy through the Adriatic Sea and the Balkans. TAP will be 870 kilometres long.

"The official ceremony to launch the construction works of the Trans Adriatic Pipeline takes place in Thessaloniki, Greece, on May 17, the European Commission is represented by Vice President of the Commission for the Energy Union Maros Sefcovic," Schinas informed.

Read also E.U. explains why it doesn't need Russian Nord Stream-2

TAP is a final ring of the Southern Gas Corridor which is aimed at transporting Caspian gas across Transcaucasus and Turkey to the E.U. In the future this project can be applied to Iranian gas deposits.

Vice-President Maros Sefcovic said during the ceremony: "Once complete, TAP will be a major asset in European energy security tool box. By opening up access to gas from Azerbaijan, TAP will allow many countries, including in Central and South East Europe to diversify their sources of gas. Southern Gas Corridor will be vital for reaching the Energy Union objectives of diversification of sources, routes and energy security. Therefore timely completion is crucial so that gas from the new suppliers can flow to Europe by 2020."

 "We expect that when the Southern Gas Corridor is complete in 2019 or 2020 it will have transported ten billion cm of gas per year", the E.U. Commission stated.

comments powered by Disqus


Business11:40 Oct. 19, 2016
Poland initiates new talks on supplying helicopters to army
Business10:02 Oct. 12, 2016
Construction of Turkish Stream to kick-off in 2018
Business17:36 Oct. 11, 2016
Airbus left fuming as Poland hands helicopter deal to Lockheed - Bloomberg
Business11:09 Oct. 11, 2016
Ukraine becomes global leader in flour exports
Business13:10 Oct. 6, 2016
Made in Ukraine: Belgian cheese
Subscribe to receive regular email updates about Ukraine and Eastern Europe