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TAP Selects Joint Venture Including Greece and Italy

Trans Adriatic Pipeline AG (TAP) has selected a joint venture consisting of Italy’s Renco S.p.A and Greece’s Terna S.A. for the engineering, procurement and construction (EPC) of the project’s compressor stations, the company said in a press release on Wednesday.

In Greece, the award covers the provision of engineering, procurement, construction and commissioning of one compressor station at Kipoi, near the Greek-Turkish border, while in Albania, it will cover the provision of engineering, procurement, construction and commissioning of one compressor station at Fier, and one metering station at Billisht.

TAP also said the construction of the compressor stations is planned to start in the second half of 2016 and will take approximately two years to complete.

Commenting on the awarding, TAP Managing Director Ian Bradshaw said the joint venture will be responsible for further securing of additional subcontractors to implement specific parts of the contract assignments, which will create additional employment and economic opportunities in the regions along the TAP route.

Source: greece.greekreporter.com