Works on Trans Adriatic Pipeline According to Forecasts

First Meeting under Albania-Greece-Italy Agreement on TAP “The gas pipeline is a key and strategic project for the gas infrastructure in our region. The works are going according to forecasts in all countries where this project passes through,” said Gjiknuri stressing that Albania is taking the necessary actions to become not only a transit country but also a consumer of gas

TIRANA – The Ministry of Energy and Industry held on Monday the first meeting of the Commission in the framework of the Agreement between Albania, Italy and Greece for the TAP project.

The meeting of the technical level committee, with representatives from all three countries, was closely followed by representatives of the company TAP. In the beginning of the meeting, the Minister of Energy and Industry, Damian Gjiknuri delivered an opening speech in which he gave his assessment of the current progress of the construction of the pipeline project.
“The gas pipeline is a key and strategic project for the gas infrastructure in our region. The works are going according to forecasts in all countries where this project passes through,” said Gjiknuri.
According to him, Albania is taking the necessary actions to become not only a transit country but also a consumer of gas. 
“Very soon we will be able to conclude the gas master plan in Albania, a very important document for the future of gasification of the country,” said Gjiknuri.
He encouraged cooperation between Albania, Italy and Greece to guarantee the smooth running of the actual construction phase of the pipeline.
During the meeting, representatives of the three countries exchanged their opinions and respective assessments of the current developments within the TAP project and its contribution to the development of the respective gas sectors in the three countries.
The commitment of the Implementation Commission at this stage of development of the TAP project, given the trans-boundary nature of the pipeline will make it possible to create between the parties coordinated and consistent terms, related to the completeness of the project, including the technical, social, safety, environment, community and working conditions. 
The Commission has a specific task to work with the investor of the project in order to agree on a protocol to be signed between the parties, which will create a coordinated and unified structure of conditions, which will be applied to the project as a whole and with the approval of its members, and it take any other action deemed necessary to facilitate the implementation of this agreement.
At the end of the meeting, representatives of the three countries issued a joint statement in which they showed that they strongly support practical cooperation between the TAP AG and each of the countries. 

Albania Seeking to Boost Profits from TAP 

The Albanian government wants to hire another consulting company for comparing the profits that the Albanian government will receive from the agreement with the TAP consortium, the profits that come from the same agreement done for Greece, with a ratio based on the investment in each country. 
The agreement of 2013 has a clause that gives the Albanian government the right to increase profits that influence the community where the pipeline goes through, if it is verified from a later agreement that Greece profits more.
The profits are about employment, infrastructure, building of roads, bridges or other projects for the community. 
Not having the capacity to make this evaluation on its own, the government will hire a company that will offer financial and legal assistance to maximize the internal profits. TAP goes through Albania for 211 kilometers, starting from Bilisht, Korce, and to Seman, Fier.
The first construction works started last July in Corovoda, with the construction of some roads and bridges. The first investment value mounts up to 60 million EUR. The entire project will have the rehabilitation of 100 km or roads, reconstruction of 42 bridges and building 3 new ones.

Source: ADN

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