TAP invests €9M to upgrade fleet of utility vehicles in Northern Greece

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22 June 2017

The Trans Adriatic Pipeline (TAP) AG will donate 92 utility vehicles to local communities in all three Northern Greek prefectures traversed by the pipeline. This initiative, designed in close collaboration with the Hellenic Government and the competent ministries, is part of TAP’s €32 million social and environmental investment (SEI) programme to be implemented across project-affected areas.

 

This investment amounts to €9 million, committed for the purchase of 33 ambulances, 22 garbage trucks, 17 forestry vehicles, 14 snowploughs, and 6 civil protection vehicles.

 

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 878 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at 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 South Eastern European countries, including Bulgaria, Albania, Bosnia and Herzegovina, Montenegro, Croatia and others. TAP’s landfall in Italy provides multiple opportunities for further transport of Caspian natural gas to some of the largest European markets such as Germany, France, the UK, Switzerland and Austria.

 

TAP will promote economic development and job creation along the pipeline route; it will also be a major source of foreign direct investment. With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow around early 2020.

 

TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

 

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THE OPERATION IS BEING PERFORMED