Another step towards final investment decision on Shakh-Deniz2

Transadriatic pipeline (TAP pipeline) keeps solving legal problems within the frame of preparation to the construction.

This week the parliament of Greece has ratified an agreement with the government-recipient (HGA), concluded with the consortium TAP in June. HGA establishes the frames of realization and management of the project on the territory of Greece, inclusive of the branch and repurchase of lands, security, technical aspects, eco and social standards and permissions. Investments into the Greek part of TAP of 550 km length are assessed at EUR 1.5 billion. There will be created about 200 workplaces in the construction and another 10000 workplaces in the related sectors.