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Trans Adriatic Pipeline (TAP) construction - the latest Southern Gas Corridor milestone

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Report summary

The groundbreaking ceremony for the Trans Adriatic Pipeline (TAP) was held on 17 May in Thessaloniki Greece. With TAP construction starting on schedule Europe s Southern Gas Corridor is making progress along the entire US$45 billion value chain from offshore Azerbaijan to Italy. There is now little doubt that this strategic supply corridor will be fully commissioned by 2020. However commercial challenges have deepened in a lower oil and gas price outlook.

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    Trans Adriatic Pipeline (TAP) construction - the latest Southern Gas Corridor milestone

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  • Southern Gas Corridor overview

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