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Dec 18, 2017 17:02 EEST
December 18 (SeeNews) - The Trans Adriatic Pipeline (TAP) consortium said over 45% of the pipeline route along the Southern Gas Corridor project in Albania and Greece is being reinstated to previous condition or better.
Farmers can now resume their agricultural activities, the consortium said in a Twitter post on Friday.
TAP announced earlier this month that it has completed nearly two-thirds of the pipe trenching works in Albania and Greece.
The Southern Gas Corridor consists of the South Caucasus Pipeline (SCP), which crosses Azerbaijan and Georgia, the Trans-Anatolian Pipeline (TANAP), and TAP, which is projected to start from the Greek border with Turkey, run through Albania and the Adriatic Sea to reach Italy's coast.
The total investment of the consortium in Albania will stand at 400 million euro ($472 million) in each of 2017 and 2018, Albanian media quoted former TAP Albania country manager, Shkelqim Bozgo, as saying in August.
The present TAP shareholders are BP, Azerbaijan’s state company Socar and Italy’s Snam with 20% each, Belgium’s Fluxys with 19%, Spain’s Enagas with 16% and Swiss-based Axpo with 5%.
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