Trans Adriatic Pipeline

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Summary Information

Details

  • The Trans Adriatic Pipeline (TAP) is a natural gas pipeline project. The pipeline will transport gas from the Caspian region via Greece and Albania and across the Adriatic Sea to southern Italy and further into western Europe. The project is aimed at enhancing security of supply as well as diversification of gas supplies for the European markets. TAP will open a new so-called Southern Gas Corridor to Europe and establish a new market outlet for natural gas from the Caspian Sea.
  • The project is designed to expand transportation capacity from 10 to 20 bcm per year. TAP also envisages physical reverse flow of up to 80 per cent and the option to develop natural gas storage facilities in Albania to further ensure security of supply during any operational interruption of gas deliveries.
  • TAP’s shareholders are EGL of Switzerland (42.5%), Norway’s Statoil (42.5%) and E.ON Ruhrgas of Germany (15%).

History

  • 2011 - TAP submitted its proposal to the Shah Deniz Consortium
  • 2012 - TAP launches an “Expression of Interest”, a first, non-binding phase of the market test
  • 2013 - TAP completed FEED
  • 2013 - Shah Deniz Consortium selects the Trans Adriatic Pipeline (TAP) as European export pipeline
  • 2013 - BP, SOCAR, Total and Fluxys join the TAP project
  • 2015 - Technip awarded PMC contract
  • 2015 - Snam acquired Statoil's share

Links

  1. Trans Adriatic Pipeline begins ESIA submission process in Greece
  2. TAP and The Government Of Albania Sign MOUC On Energy Cooperation
  3. Shah Deniz issues a request for proposal to potential export pipelines
  4. Tap Submits Its Bid To Shah Deniz Consortium
  5. The Trans Adriatic Pipieline AG (TAP) launching an “Expression of Interest”, a first, non-binding phase of the market test
  6. Trans Adriatic Pipeline Plans Offshore Surveys In The Adriatic Sea
  7. Trans Adriatic Pipeline Completes Front End Engineering Design
  8. Shah Deniz Consortium selects the Trans Adriatic Pipeline (TAP) as European export pipeline
  9. BP, SOCAR, Total and Fluxys join the TAP project
  10. Trans Adriatic Pipeline (TAP) AG selects Technip for a contract for Project Management Services
  11. Statoil to divest interest in Trans Adriatic Pipeline for EUR 208 million

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