Corinth Pipeworks to provide pipes for Greek section of TAP

Trans Adriatic Pipeline AG (TAP) awarded a contract to Corinth Pipeworks S.A. who will provide approximately 495km of 48” diameter line pipes for the pipeline across Greece, TAP reported on November 20.

This contract award makes up approximately 270,000 tonnes of line pipe.

Corinth Pipeworks S.A. is a global supplier of high quality steel pipes for the energy and construction markets. Based in Greece, Corinth Pipeworks Group of Companies has subsidiaries in Greece, USA, Russia, Cyprus and Poland and a representative network of agencies, worldwide. Its Thisvi plant is located in Viotia, Greece and its annual production capacity amounts 1,000,000 tonnes, approximately.

TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The 878 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Statoil (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

TAP’s initial capacity will be 10 billion cubic meters per year, expandable to 20 billion cubic meters per year.

/By Trend/