BAKU, Azerbaijan, March 27. Albanian Gas
Service Company (AGSCo.) and the Trans Adriatic Pipeline (TAP)
consortium have renewed the agreement for gas network maintenance
services, said the country’s Minister of Infrastructure and Energy
Enea Karakaçi, Trend reports.
“Another significant step for Albania’s energy sector. The
signing of the agreement with TAP for the continued provision of
gas network maintenance services by AGSCo., the consortium formed
by the state company Albgaz and SNAM, further highlights the
growing capabilities that Albania has achieved in this strategic
sector, which continues to attract increasing attention,” the
minister wrote on social network.
AGSco holds responsibility for the maintenance of TAP within
Albanian borders. The Albanian government maintains a 75 perccent
stake in AGSco, with the remaining shares owned by the Italian
state energy infrastructure company Snam, as per records in the
Albanian business register.
TAP transports natural gas from the giant Shah Deniz field in
the Azerbaijani sector of the Caspian Sea to Europe. The 878 km
long pipeline connects with the Trans Anatolian Pipeline (TANAP) at
the Turkish-Greek border in Kipoi, crosses Greece and Albania and
the Adriatic Sea, before coming ashore in Southern Italy.
TAP facilitates gas supplies to South Eastern European countries
through existing and prospective interconnectors. TAP is connected
to Interconnector Greece Bulgaria (IGB) which started its
commercial operations in October 2022, providing Caspian gas to
Bulgaria, enhancing security of energy supplies in one more
European country.
