English |
Thursday, July 24, 2014
Article
News Greek

Trans Adriatic Pipeline submits Third Party Access Exemptions in Albania, Greece & Italy

Share article:

The Trans Adriatic Pipeline (TAP) has submitted its Third Party Access Exemption (TPA) applications in all three host countries Albania, Greece and Italy. Third Party Exemption will allow TAP AG to enter into long term ship-or-pay Gas Transportation Agreements (GTAs) with the shippers of Shah Deniz II gas.

These submissions continue TAPs applications process to obtain all necessary permits and authorisations needed for the construction and operation of the TAP gas pipeline.

Kjetil Tungland, Managing Director of the Trans Adriatic Pipeline, commented: The fact that TAP has applied for its TPA exemptions in all three host countries further demonstrates its continued progress and strong commitment to construct major new gas infrastructure in Europe. TAPs realisation will be a major step forward in opening the Southern Gas Corridor, thereby diversifying supply and enhancing energy security for Europe.

I am delighted that TAP is following the necessary processes in all of the three host countries. It is my firm belief that TAP is able to offer the Shah Deniz Consortium the most economic and reliable solution for the export of their gas and further demonstrates both TAPs commitment to Greece, Italy and Albania and our strong desire to develop TAP successfully.

The TAP projects schedule is designed so that TAP is ready to commence pipeline operations in time for first gas exports west of Turkey (expected in 2017/18) from Shah Deniz.


Sponsors
19th National Energy Conference Energy and Development 2014
Related
OIL & GAS SOUTHEAST EUROPE
Selected news in cooperation with New Europe
Associate Organizations
  • IENE
  • IEA
Associate Media
  • EURO2DAY
  • NOMISMA