TAP lays groundwork in Greece

A man looks into a tube representing a natural gas pipeline at the booth of Nord Stream at the Hanover industrial fair in Hanover, Germany, Tuesday, April 17, 2007. The company plans to build a 1,200 kilometers (745 miles) long off-shore natural gas pipeline that runs through the Baltic Sea from Russia to Germany. Nord Stream AG is an international joint venture of Russia's Gazprom and German companies E.ON Ruhrgas and Wintershall. (AP Photo/Jens Meyer)

JENS MEYER

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Anthea Pitt

 19 June 2008 13:40 GMT

Trans Adriatic Pipeline (TAP), a 50:50 joint venture between Norway's StatoilHydro and Swiss outfit EGL Group, has kicked off preparatory work on the planned gas trunkline by filing an application with the Greek authorities to build a 200 kilometre pipeline from Thessaloniki to the Greek-Albanian border.

TAP said the application, lodged with the Greek Regulatory Authority for Energy covers the design, construction, and ownership of the pipeline, which would tie in with the existing Greek national gas system.

The pipeline would then cross Albania and the Adriatic Sea to enter Italy near Brindisi.

The final investment decision to build TAP is expected in the second half of 2009.

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