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    Reuters: Total and E.ON plan to withdraw from TAP gas pipeline project - SOCAR

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Summary

Total and E.ON plan to withdraw from TAP project designed to reduce Europe's reliance on Russian gas

by: Sruthi

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Press Notes

Reuters: Total and E.ON plan to withdraw from TAP gas pipeline project - SOCAR

France's Total and E.ON of Germany plan to withdraw from the Trans Adriatic Gas Pipeline (TAP) project designed to reduce Europe's reliance on Russian gas, Azeri state energy company SOCAR officials said.

"Total and E.ON plan to withdraw from the TAP project," Vagif Aliyev, SOCAR's investment department head, told journalists on the sidelines of the Caspian Oil & Gas conference in the Azeri capital Baku.

He did not elaborate further. Total and E.ON were not immediately available for comments. A second SOCAR senior official, who did not want to be named, confirmed the information.
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