facebook
twitter
rss
account
search
search
 

TAP puts feather in natural gas cap

April 11, 2013 at 8:20 AM   |   Comments

BAAR, Switzerland, April 11 (UPI) -- The Environmental Ministry in Albania has signed off on an environmental assessment of the planned Trans-Adriatic Pipeline, the project consortium said.

The TAP pipeline consortium, led by Norwegian energy company Statoil and its Swiss counterpart, Axpo, said the environmental social impact assessment was approved by the Albanian government after 10 weeks of review.

"Having now secured our ESIA we can move to the next stage, obtaining the infrastructure permits needed for the construction phase," TAP's country Manager Albert Haak said in a statement.

The Greek government ratified an intergovernmental agreement with Albania and Italy early this week.

TAP is competing against the rival Nabucco West project for natural gas from Azerbaijan. Both pipelines are part of the so-called Southern Corridor, a European transit network meant to break the Russian grip on the region's energy sector.

A BP-led consortium working offshore Azerbaijan is expected by June to make a decision between the two pipelines.

TAP said the latest agreement with Albania means it would be ready to receive Azeri gas by late 2018.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Freedom variant LCS takes to water Freedom variant LCS takes to water
2
MDA demos tracking, targeting capability of Aegis MDA demos tracking, targeting capability of Aegis
3
CNN absent from the Dish Network lineup CNN absent from the Dish Network lineup
4
Iraq seeks thousands of tank rounds Iraq seeks thousands of tank rounds
5
Australia upgrading Tiger helos; receives MH-60R from U.S. Australia upgrading Tiger helos; receives MH-60R from U.S.
Trending News
Around the Web
x
Feedback