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Albanian Prime Minister Sali Berisha signed Tuesday the government's decision to approve in principle an agreement among Albania, Greece and Italy on the Trans Adriatic Pipeline (TAP) project, Xinhua reported.
TAP, a natural gas pipeline project, will start in Greece, cross Albania and the Adriatic Sea and come ashore in southern Italy, allowing gas to flow directly from the Caspian region to European markets. In doing so, TAP will open the so-called Southern Gas Corridor, enhancing Europe's energy security by contributing to the diversification of the region's gas supplies.
TAP also allows for the development of natural gas storage facilities in Albania to further ensure security of supply to European markets during any operational interruptions.
The agreement is expected to be signed in Athens on Wednesday, for the Albanian side by Deputy Prime Minister and Minister of Economy, Trade and Energy Edmond Haxhinasto.
Related News in English
Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά