The event will be held in Thessaloniki, Greece.
The ceremony will be attended by Greek Prime Minister Alexis Tsipras, vice-president of the European Commission in charge of the Energy Union Maroš Šefčovič, Special Envoy and Coordinator for International Energy Affairs at the US Department of State Amos Hochstein, State Secretary of the Council of Ministers of the Italian Republic Claudio De Vincenti, Georgian Prime Minister Giorgi Kvirikashvili and energy ministers of countries participating in the project.
The TAP is designed to transport Shahdeniz 2 gas to the Western Europe through Greece and Albania. The pipeline’s initial capacity makes 10 billion cubic metres (bcm) of gas per year. In future, the addition of two extra compressor stations could double throughput to more than 20 bcm as additional energy supplies come on stream in the wider Caspian region. The pipeline is expected to transport Azerbaijani gas in 2019.
TAP shareholders: SOCAR (20%), BP (20%), “Snam” (20%), “Fluxys” (16%), “Enagas” (16%) and “Axpo” (5%).
The length is 1,800 km.
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