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TAP and DESFA sign cooperation agreement

03 July 2013 11:23 (UTC +04:00)

Other joint activities will include the review of interconnection points with the DESFA pipeline system to further enhance security of supply and technical cooperation.

The agreement follows the announcement on the 28 June that TAP has been chosen by the Shah Deniz Consortium in Azerbaijan as the best pipeline route to export Azerbaijani gas to Europe.

Commenting on the announcement Rikard Scoufias, TAP’s Country Director in Greece, said: “Having been chosen by the Shah Deniz Consortium as the best option to transport gas to Europe, the Project now moves into the next phase of execution. We already collaborate with many local Greek companies and aspire to increase this engagement. This agreement, which comes after more than 9 months of constructive engagement with DESFA, constitutes a major step towards successful realisation of TAP’s plans in Greece.“

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to the most attractive markets in Europe.

The pipeline will connect with the Trans Anatolian Pipeline (TANAP) near the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP’s routing can facilitate gas supply to several South Eastern European countries, including Bulgaria, Albania, Bo snia and Herzegovina, Montenegro, Croatia and others. TAP’s landfall in Italy, the third largest gas market in Europe, provides multiple opportunities for further transport of Caspian natural gas to some of the largest European markets such as Germany, France, the UK, Switzerland and Austria.