Azerbaijan: Consortium Formed To Build Trans-Adriatic Pipeline Eurasia Review:
"Azerbaijan’s Socar has announced its alliance with Western oil companies to construct the Trans-Adriatic Pipeline (TAP), which is planned to carry Azerbaijani gas to Europe via a European Union-backed route.
The state-owned Socar said on July 30 that it was forming a consortium with Britain’s BP, Norway’s Statoil, France’s Total, Belgian company Fluxys, Germany’s E.ON, and Switzerland’s Axpo to build the roughly 870-kilometer pipeline.
When it reaches full capacity, TAP is expected to carry some 20 billion cubic meters of gas from Azerbaijan’s offshore Caspian Sea Shah Deniz field to Europe.
The pipeline route runs through Greece and Albania, across the bottom of the Adriatic Sea, and ends in Italy."
'via Blog this'
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