TAP awards EPC contracts
BAKU, December 23, 2015 – The Trans Adriatic Pipeline (TAP) consortium awarded two EPC contracts on Tuesday for work on the offshore section of the pipeline and the gas delivery facility in Italy.
Italian company Enereco and Germany’s Max Streicher won the EPC deal to connect the offshore portion of the pipeline to the receiving terminal. The joint venture will construct an 8-km, 36” pipeline, which will have an initial capacity of 10 bcm (353 bcf) per year.
Italy’s Renco won a package for construction work on the pipeline receiving terminal, where TAP will connect to the Snam Rete Gas network. BP, State Oil Company of the Azerbaijan Republic and Italian gas distributor Snam each have a 20% stake in the partnership, in addition to Belgian firm Fluxys (19%), Spain’s Enagas (16%) and Swiss energy company Axpo (5%).
TAP did not disclose the award amounts. The 870-km pipeline will connect with the Trans Anatolian Pipeline at the Turkish-Greek border, run across Greece, Albania and the Adriatic Sea, and come onshore in southern Italy. First delivery from Azerbaijan’s giant Shah Deniz field to Europe is scheduled for early 2020.
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