ENTSOG GRIP SC 2017-2026 / Annex B - Project Information

Current TYNDP : TYNDP 2017 - Annex A

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Benefits

Main Driver

Market Demand

Main Driver Explanation

TAP will contribute to the security and diversity of Europe's energy supply by connecting to existing gas networks and will allow gas to flow directly from the Caspian basin into European markets. TAP will be providing the necessary infrastructure to transport gas from the Shah Deniz field in Azerbaijan by the most direct route to Southern Europe.

Benefit Description

Intergovernmental Agreements

Agreement

Agreement Description

Is Signed Agreement Signature Date

The HGA is designed to fill legal, regulatory and fiscal caviats to mitigate commercial risks and thereby provide the necessary investor protection to ensure that the project is built and enable construction and operation in accordance with high standards Yes The HGA is designed to fill legal, regulatory and fiscal caviats to mitigate commercial risks and thereby provide the necessary investor protection to ensure that the project is built and enable construction and operation in accordance with high standards Yes An IGA between Italy, Greece and Albania has formalized the state parties’ support for the TAP project, ensure cross-country harmonization of standards in order to facilitate the implementation of TAP and provide the necessary investor protection measure Yes An inter-ministerial agreement between Italy, Albania and Greece is required under Italian law to commence the TPA exemption application process in Italy. Yes

Host-government agreement between TAP and Albania

05/04/2013

Host-government agreement between TAP and Greece

26/06/2013

Inter-governmental Agreements (only applicable for import pipeline projects Inter-ministerial agreement between Italy, Albania and Greece

13/02/2013

27/09/2012

Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM

Southern Corridor GRIP 2017–2026 Annex B |

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