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    TAP Comments on Selection on Nabucco West by Shah Deniz

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Summary

Commenting on the selection of the Nabucco West project by Shah Deniz, Kjeitl Tungland, Managing Director of TAP said that TAP remains the most advanced of the two projects, especially in terms of financing and permitting.

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Natural Gas & LNG News, Pipelines, Nabucco/Nabucco West Pipeline, Trans-Adriatic Pipeline (TAP)

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TAP Comments on Selection on Nabucco West by Shah Deniz

Commenting on the selection of the second export route to Europe by the Shah Deniz consortium, Kjeitl Tungland, Managing Director of Trans Adriatic Pipeline (TAP) said:

"I am pleased to see that the Shah Deniz consortium’s decision-making process has taken another important step forward with the choice of a potential central European route. This now clears the way for the ultimate decision between TAP and Nabucco West."
 
Tungland said that TAP remains the most advanced of the two projects, especially in terms of financing and permitting.

"We believe that its clear economic, commercial, technical and strategic advantages make TAP the strongest contender in this competition and the best option for both Europe and Azerbaijan"

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