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SOCAR President pays visit to Greece

World Pipelines,


On 10 November, during his visit to Greece, SOCAR President Rovnag Abdullayev met with Antonis Samaras, Prime Minister of Greece.

During this meeting, issues related to the implementation of TAP project and the completion process of the acquisition of 66% shares in Greek National Gas Transmission System Operation DESFA by SOCAR were discussed.

Both parties exchanged their views on the implementation of the aforementioned projects.

TAP

The Trans Adriatic Pipeline will transport Caspian natural gas to Europe. TAP will connect with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, before coming ashore in Southern Italy to connect to the Italian natural gas network.

TAP is currently in its implementation phase and construction of the 870 km pipeline is expected to begin in 2016. TAP's shareholders include major energy companies SOCAR, Statoil, BP, Fluxys, Enagas and Axpo.


Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/11112014/socar-president-pays-visit-to-greece/

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