The Trans Adriatic Pipeline (TAP) group is working on \"high level\" accord between \"Italy, Greece and Albania\", TAP\'s communications director Michael Hoffmann announced in Brussels Thursday. \"We are also working with the Italian government,\" Hoffmann said. \"And we must act as a team. The project is at an advanced stage, and now must progress with a high level accord - first an inter-ministerial agreement, then an inter-governmental agreement among the three countries involved in the project.\" The competition between TAP and Nabucco West, the two remaining contenders for building the Southern Gas Corridor from the Shah Deniz gas fields in Azerbaijan through southern Europe, will come to a close mid-2013. The timing is such that the first political agreements are expected just after the summer, and the second round of agreements by the beginning of 2013. Nabucco West would carry gas from the Shah Deniz gas fields in Azerbaijan to Georgia, Turkey, Bulgaria, Romania, Hungary and Austria, whereas TAP would build pipelines also through Greece and Albania to Italy. \"Today we had strong assurances from the European Commission on the complete neutrality of the competition open from Shah Deniz. The priority is to obtain gas from the Caspian, independently of the pre-chosen route of the pipeline,\" Hoffman concluded.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor