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TAP Remains U.S. Government’s Priority

The Trans Adriatic Pipeline (TAP) project, which envisages the transportation of Azerbaijani gas to Europe, remains U.S. government's priority, Amos Hochstein, the U.S. Department of State special envoy and coordinator for international energy affairs, said in an interview with Greek news website Ekathimerini.

"I've spent much more time on this one project than any other project I've ever worked on. Even though there are no American companies in that project, we have still made this a U.S. government priority. That's why I was here in Thessaloniki for the groundbreaking of TAP," Hochstein said.

He added that the U.S. made so much progress in the relations between Greece and Bulgaria, and the U.S. is working hard with the EU to make the Interconnector Greece-Bulgaria (IGB) a reality.

TAP is an 878-kilometer pipeline that will transport Caspian natural gas from the Greek-Turkish border to Italy via Greece, Albania and the Adriatic Sea. It will require as much as 526,000 tons of steel. TAP's shareholders are BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%). The project is being implemented by the Trans Adriatic Pipeline AG, which is headquartered in Switzerland.

Source: AP

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