Romania Eyes TAP Gas Pipeline Connection

Romania Eyes TAP Gas Pipeline Connection
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Τρι, 29 Ιουλίου 2014 - 13:16
Romania would like to connect to the Trans Adriatic Pipeline (TAP), as this would mean cheaper gas for consumers in the country, minister delegate for energy Razvan Nicolescu said.
Romania would like to connect to the Trans Adriatic Pipeline (TAP), as this would mean cheaper gas for consumers in the country, minister delegate for energy Razvan Nicolescu said.

"Connecting Romania, Bulgaria, and probably Hungary, to TAP is an initiative which could benefit Romanian consumers, since prices would be more competitive. [...] It is a concept which is being discussed with representatives of the European Commission, as well," Nicolescu told local news agency Mediafax on Sunday.

TAP will transport natural gas from the Shah Deniz II field in Azerbaijan to Europe along an approximately 870 kilometre long pipeline that will connect with the Trans Anatolian Gas Pipeline 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 Southeast European countries, including Bulgaria, Bosnia and Herzegovina, Montenegro, Croatia and others.

The TAP partners are: SOCAR with a 20% stake, BP, with 20%, Statoil with 20%, Fluxys with 16%, Total with 10%, E.ON with 9.0% and Axpo with 5.0%.

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