Political talks on Trans Adriatic Pipeline progress in Albania, Italy.

By bne IntelliNews February 4, 2010
The Trans Adriatic Pipeline (TAP), a joint venture company set up by Swiss-based EGL and Norway s StatoilHydro, reported excellent progress in talks with state authorities in the country and Italy as well. Companys representatives held a series of meetings with ministry of environment and members of the cabinet, following the establishment of companys representative office in Tirana in January. TAPs technical director Christian Falck described as very constructive talks with local state authorities. Moreover, Italian government has also shown great interest in TAPs progress, which confirms that the project moves into right direction, companys managing director Robert Klein said. We note that Albania , Italy and Greece will host the implementation of EUR 1.5bn project for the construction of 520km gas pipeline with capacity of about 10bn cubic meters per year. The project has already received political support from the newly appointed Greek government, which is in charge since October 7.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    4 days ago
  2. Saudi Arabia to scale back plans for Neom city
    7 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    4 days ago
  4. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  5. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    5 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    18 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    22 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    27 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    20 days ago

Reports

Dismiss