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    Greek Prime Minister Samaras in Azerbaijan to Foster Trans Adriatic Pipeline

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Summary

Greek Prime Minister Antonis Samaras travelled to Baku for a meeting with the President of Azerbaijan, Ilham Aliyev, where Samaras emphasized Greece's committment to the Trans Adriatic Pipeline.

by: Sergio

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Natural Gas & LNG News, News By Country, , Greece, Azerbaijan, Pipelines, Trans-Adriatic Pipeline (TAP) , Caspian Focus

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Greek Prime Minister Samaras in Azerbaijan to Foster Trans Adriatic Pipeline

Greek Prime Minister Antonis Samaras met yesterday with Ilham Aliyev, President of Azerbajian, to discuss the prospects of the Trans Adriatic Pipeline (TAP), according to Italian news agency ANSA.

The agency reports that Samaras aimed at convincing Aliyev that Greece is committed to concluding TAP, which would bring gas extracted from Azerbaijan's Shah Deniz natural gas field to Europe.

The pipeline would pass through Greece, Albania and Italy.

TAP AG is a joint venture company based in Baar, Switzerland, with branch offices in Athens, Rome and Tirana. Its three shareholders are Swiss Axpo (42.5%), Norwegian Statoil (42.5%) and German E.ON (15%).

Earlier this month the European Commission formally approved the Trans Adriatic Pipeline’s application for Third Party Access (TPA) exemption for the initial capacity of 10 bcm.

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