TAP celebrates first year of construction28 Iun 2017
On May 17th, the Trans Adriatic Pipeline (TAP) has celebrated one year since construction started on the project.
Contractors had cleared approximately 49 per cent the route in Greece and Albania, with more than 22 per cent welded steel pipes already in the ground, and approximately 69 per cent of the total 55,000 pipes had been delivered. More than 5,200 people – 85 per cent of which are local hires – have been employed by TAP in the host countries. Another 70 additional projects, valued at approximately EUR 15 million (USD 78 million), are due commence in the upcoming months, making the total investment in Greece, Albania, and Italy more than EUR 55 million (USD 61 million).
“We are pleased with our performance. In terms of overall project progress, we are approximately 41 per cent complete, including all engineering, procurement and construction scope,” TAP’s Managing Director Ian Bradshaw stated. “We are on track to deliver first gas from Shah Deniz II in 2020, becoming an active part of the European energy network, enabling more competitive and secure energy to reach homes and businesses,” he added.
“A project of this scale and magnitude will face daily challenges, however, we are well positioned to address and manage them by working closely with our teams, our supply network, and alongside communities,” Ian Bradshaw also mentioned.
By this time next year, TAP expects to have completed the clearing and grading of the route across Greece and Albania, and have approximately 67 per cent of the pipeline in the ground.