Gulf Oil and Gas accountACCOUNT

TAP & DESFA Agreement for the Maintenance of TAPís Greek Pipeline Section

Source: www.gulfoilandgas.com 12/17/2018, Location: Asia

The Trans Adriatic Pipeline (TAP) AG and the Greek National Natural Gas System Operator (DESFA) SA have signed an agreement on the maintenance of Greek section of the TAP pipeline. The agreement was ratified by the competent Regulatory Authority for Energy (RAE) on December 12, 2018.

According to the agreement, DESFA will be responsible for the maintenance of TAP facilities along the 550km of the Greek section of the pipeline, extending from Kipoi in Evros close to the Greek-Turkish border, to Ieropigi, Kastoria, on Greeceís border with Albania. The maintenance agreement covers a period of 5 years, following the beginning of TAPís commercial operation in 2020, while the contract also includes pre-operational support.

The agreement was hailed by the leadership teams of both companies. RepresentingDESFA, its President and CEO, Sotirios Nikas, stated: "DESFA participates in one of the most significant energy projects currently implemented worldwide, assuming a role that is both exceptionally critical and active. This comes as an acknowledgement of the high level of expertise we have developed these past years.

And itís a very important day for DESFA, as an internationally recognised provider of non-regulated services. We are most pleased with the agreement signed today, as it will lead to the further utilisation of the experienced DESFA staff on the one hand, while also creating new and specialised jobs on the other, increasing significantly DESFAís revenues from non-regulated services."

TAPís Managing Director, Luca Schieppati, noted: "This is another milestone in the overall progress of the TAP project, which is already 82% complete.

This agreement marks another step towards the completion of the project and the beginning of commercial operations in 2020. We would like to thank DESFA for their ongoing support and cooperation in reaching this stage and we look forward to continue working closely together with them in the future. Next steps for TAP include building the 105km offshore installation of the pipeline and the commissioning process."

And TAPís President, Walter Peeraer, added: "With a few months to go until 2020, TAP is focused on operational readiness and the beginning of commercial operations. This agreement marks the start of a long-term collaboration with DESFA, whose support during TAPís operational phase will be critical to safely delivering natural gas to Europe, thus securing and diversifying energy supplies."

Maintenance and Repair News in Azerbaijan >>

Russia >>  6/5/2019 - Russiaís SOCAR ENERGORESURS LLC has purchased an 80% stake in Antipinsky Oil Refinery. Its participants are a group of investors and Sberbank. The joi...
Russia >>  5/20/2019 - NOVATEK has announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commi...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Azerbaijan Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |

Oil & Gas Projects in Azerbaijan >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.