By Leman Zeynalova: Approximately 95 percent of the total 55,000 pipes to be used for the construction of the Trans Adriatic Pipeline (TAP) have been received in Greece, Albania and Italy, said the message from TAP AG. The last shipment of offshore line pipes has been offloaded in Brindisi, Italy, between 3 and 6 September […]
Albania’s Energy Ministry on Friday presented a feasibility study for a 618-million-euros gas corridor between Albania, Bosnia and Croatia, which it hopes the EU and US will support. Albania’s Ministry of Energy on Friday in Tirana unveiled a preliminary feasibility study for a proposed Ionian-Adriatic gas pipeline, hoping the EU may fund construction of the […]
The countries involved in the construction of the Ionian-Adriatic Pipeline (IAP), Albania, Montenegro, Bosnia and Herzegovina and Croatia count on the support of the European Union and the United States. The remarks were made during the meeting of the Project Management Unit for IAP project held in Tirana. Addressing the event, Albania’s Energy Minister Damian […]
China Claus is coming to town! For better or for worse, Chinese companies are replacing traditional European investing partners — namely Italy and Turkey — and helping to develop a country in dire need of modernization, particularly if it wants to move from its European Union candidacy status to a full blown member in the foreseeable future. […]
ATHENS—Construction work has begun on the Trans Adriatic Pipeline, which is expected to bring natural gas from the Caspian Sea to Europe and ease reliance on Russian gas imports. The €5 billion ($5.67 billion) project is expected to supply around 10 billion cubic meters of Azeri gas a year to European countries, enough to cover […]
The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project will improve the security and diversity of EU energy supplies without unduly distorting competition in the Single Market. Margrethe Vestager, Commissioner in charge of competition policy, […]