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TAP & TANAP Sign Agreement for Cooperation During Construction

Source: www.gulfoilandgas.com 12/11/2015, Location: Asia

In November 2015, the Trans Anatolian Natural Gas Pipeline Company (TANAP) and the Trans Adriatic Pipeline AG (TAP) signed an Agreement for Cooperation during Construction (ACC). The document stipulates the responsibilities for constructing the interconnection and the technical specifications for connecting the two pipelines, further strengthening project alignment along the Southern Gas Corridor value chain.

Ian Bradshaw, Managing Director at TAP, said: “TAP and TANAP have enjoyed very close collaboration over the past three years. Now that both projects have entered their construction phases, the ACC specifies the exact terms for connecting the two projects. This is an important milestone for our project’s progress; the agreement will contribute to ensuring that the infrastructure for transporting Caspian gas will be ready in line with the Shah Deniz II schedule.”

Saltuk Duzyol, CEO at TANAP, said: “TANAP will be a crucial addition to both Turkey’s and Europe’s energy security. Moreover the project’s international nature will contribute stability and cooperation in its region.”

In November 2012, the TAP and TANAP signed a Memorandum of Understanding and Cooperation, which established a technical and commercial cooperation between the two parties and formalized a mutual framework and forum for coordinated activities and exchanges of information.

The TAP and TANAP projects will connect near Kipoi, on the border of Turkey and Greece.

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