TAP is currently in the front-end engineering stage. The feasibility study was concluded by EGL in March 2006. TAP's extended basic engineering, including the environmental impact assessment finished in March last year, and included the offshore survey for the pipeline, which was carried out in 2006.
StatoilHydro takes place at TAP table
Norwegian producer StatoilHydro and Swiss outfit EGL Group are poised to set up a 50:50 joint venture to develop, build and operate the Trans Adriatic Pipeline (TAP), which will bring natural gas from the Caspian Sea to Europe.
12 February 2008 18:03 GMT
Updated
12 February 2008 18:03 GMT
By