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TAP Corporate Brochure (English)

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TAP Corporate Brochure (English) 1 Διαδριατικός Αγωγός 2 Φυσικού Αερίου Contents What is TAP? 03 Our commitment 22 Southern Gas Corridor 06 Health and Safety 24 European Union support 07 Emergency response 24 Strategic partnerships 08 Environment 24 Benefits for host countries 09 Assessing environmental and social impacts – ESIAs 24 The pipeline 11 Corporate Social Responsibility (CSR) 26 Community Human rights 26 TAP’s route 12 Social and Environment Pipeline construction 15 Investment Programme 26 Paving the way 17 Securing the future 28 Procurement 19 Land access 20 About us 30 Our company 31 Our values 31 Code of Conduct 31 Contact us 32 Contents 01 TAP is a project for the future, helping to ensure the security of Europe’s energy supply for decades to come. 02 Trans Adriatic Pipeline What is TAP? The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe through Greece, Albania and Italy. Connecting with the Trans Anatolian High standards A better deal Pipeline (TANAP) at the Greek- TAP’s shareholders are major By helping to improve the liquidity and Turkish border, TAP will cross Northern energy companies with significant competitiveness of European energy Greece, Albania and the Adriatic Sea experience in delivering complex markets, TAP will also encourage a before coming ashore in Southern international projects. better deal for both energy producers Italy to connect to the Italian natural and consumers. gas network. They take environmental management, corporate social In addition to the stimulus to Once built, TAP will offer a direct responsibility and safety ver y seriously, economic development that new transportation route to connect implementing good industry practice. energy supplies bring, construction of with other parts of the Southern Gas In addition, TAP aims to comply the pipeline will attract direct foreign Corridor, a 3,500km long gas value with the environmental and social investment to TAP’s host countries. chain stretching from the Caspian performance requirements of the Sea to Europe. European Bank for Reconstruction Independent experts confirmed the and Development (EBRD). The creation of new jobs, directly and pipeline’s design has been indirectly, in manufacturing, utilities, developed in accordance with transport, communications, financial recognised national and international and business services. safety standards. All of this expertise equips TAP to deliver the project Furthermore, TAP is not dependent on safely, on budget, on time and to public subsidies. specification by 2020. At a regional level, TAP will also Anticipating future needs, the help realise the European Union’s project’s developers integrated objective of facilitating gas supplies to flexibility into the pipeline design to the growing energy markets of South accommodate future gas volumes. East Europe, some of which currently TAP’s initial capacity of 10 billion cubic have no access to gas at all. metres (bcm) of gas per year is equivalent to the energy TAP is a project for the future, helping consumption of approximately seven to ensure the security of Europe’s million households in Europe. In future, energy supply for decades to come. the addition of two extra compressor stations could double throughput to 20 bcm/a as additional energy supplies come on stream. What is TAP? 03 Once built, TAP will become an important part of the Southern Gas Corridor, contributing to Europe’s energy security. One of the most important energy infrastructure projects, the pipeline will allow Caspian natural gas to flow into Europe’s energy markets. 04 Trans Adriatic Pipeline What is TAP? 05 Southern Gas Corridor different European markets and The Southern Gas Corridor (SGC) consumers. is a term used to describe planned natural gas infrastructure projects TAP’s design offers various connection aimed at improving the security and options to a number of existing and diversity of the EU’s energy supply proposed pipelines along its route. by bringing new supplies of natural This will enable the possible deliver y gas via new routes from the Caspian of Caspian gas to destinations region to Europe. throughout Europe: – Greece and Albania: TAP will transit directly through Greece and Albania. Greece’s public gas supply corporation DEPA signed a gas sales agreement with the Shah Deniz Consortium in September 2013. The transit through Albania creates TAP’s design offers various connection the opportunity to supply Albania with gas in future once local gas options to a number of existing and distribution facilities are developed proposed pipelines along its route. and a gas sales agreement is in place. – Bulgaria: TAP can provide a new source of gas to Bulgaria: • the Interconnection Point with the DESFA Network at the location of Nea Messimvria will allow the transportation of gas to Bulgaria Complex gas value chain through the Interconnection Point The Southern Gas Corridor is one of of Kula-Sidirokastro the most complex gas value chains • In Komotini TAP will connect to the ever developed in the world. planned IGB pipeline connecting Greece to Bulgaria. It is comprised of several separate energy infrastructure projects – South Eastern Europe: Caspian representing a total investment of gas could flow to the region’s approximately US$45 billion: growing markets and contribute to the establishment of new – The Shah Deniz 2 development, energy markets in the Balkans drilling wells and producing gas and South East Europe that are offshore in the Caspian Sea. currently dependent on a single – Expansion of the natural gas gas supplier. TAP is cooperating processing plant at the Sangachal with the developers of the planned Terminal on the Caspian Sea coast Ionian Adriatic Pipeline (IAP) to in Azerbaijan. discuss connection possibilities. This – Three pipeline projects: may enable Caspian gas to flow • South Caucasus Pipeline to markets in Southern Croatia, (SCPX) – Azerbaijan, Georgia Albania, Montenegro, and Bosnia • Trans Anatolian Pipeline and Herzegovina. (TANAP) – Turkey • Trans Adriatic Pipeline – Italy: TAP will connect to the Italian (TAP) – Greece, Albania, Italy natural gas grid operated by Snam – Expansion of the Italian gas Rete Gas from which all Italian gas transmission network. exit points to European destinations – Possibilities for further connection to may be reached. gas networks in South Eastern, Central and Western Europe. – Austria and Central Europe: natural gas transported via TAP can reach Taking Caspian gas to Europe the Central European Gas Hub, To ensure that the Southern Gas Austria via the Trans Austria Gas Corridor fulfils its purpose, it is essential (TAG) pipeline, using reverse flow. that Caspian gas reaches many 06 Trans Adriatic Pipeline – Germany and France via for trans-European energy Switzerland: using reverse flow infrastructure (TEN-E). TAP’s PCI status through the Transitgas pipeline. was reconfirmed in November 2015. – United Kingdom: grid operators TAP was selected as a PCI for its role Snam Rete Gas and Fluxys have in opening up the Southern Gas 3.500 km agreed to develop physical reverse Corridor, one of 12 so-called energy Total distance of the Southern Gas flow capabilities between Italy and corridors identified by the EU as Corridor gas value chain the UK by interconnecting the gas priorities for the achievement of its markets of Italy, Switzerland, energy policy objectives. Germany, the Netherlands and Belgium, enabling Caspian gas to PCI status is reserved for key reach the UK. infrastructure projects and is intended to accelerate the granting of The Southern Gas Corridor is a major necessar y licenses and permits and to component of EU energy policy. TAP’s improve regulator y processes. role in realising that vision will not only provide economic benefits. It will also Eligible projects must: ensure that one of the continent’s vital energy routes remains viable for – Have significant benefits for at least decades to come. two EU member states. – Contribute to market integration European Union support and the fostering of competition. As one of the most important energy – Enhance security and infrastructure projects in many years, diversification of supply. the European Union recognises the role of TAP in bringing a new source of The identification of TAP as a PCI gas to Europe, thereby contributing to formalises the high level of political the security, flexibility and reliability of support from the EU for the project Europe’s energy supply. and its implementation. Priority Status TAP is also a Project of Energy In October 2013, the European Community Interest (PECI) and a top Commission, European Parliament priority project for the Central Eastern and European Council designated and South-Eastern European Gas TAP a Project of Common Interest Connectivity (CESEC). (PCI) status under the new guidelines Map of the Southern Gas CorridorTAP’s What is TAP? 07 Strategic partnerships Building a pipeline across a continent requires substantial resources, outstanding technical expertise, high environmental and safety standards, sound financing and, above all, strong partnerships. During the past few years, TAP has successfully established several strategic partnerships with various governments and companies. Political Support At the geo-political level, the project received strong support from the European Union, through bodies such as the Commission, Parliament and Council. At the national government level, the three countries through which the pipeline will pass – Greece, Albania and Italy – confirmed their joint commitment to TAP with the signing of a trilateral Intergovernmental Agreement in 2013, since ratified by each country’s parliament. Individual Host Government Agreements (HGAs) have also been signed and ratified with the governments of Albania and Greece. They set out the framework in which TAP will be realised and operated in each country. In Albania, where it has been designated a ‘Project of National Importance’, TAP is also supporting the government in developing a domestic gas market plan. In Italy, TAP is part of the National Energy Strategy adopted in March 2013. In Greece TAP has also been designated as a project of national importance and public interest.
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