(Azernews, Baku, 16 May 2016) The Trans Adriatic Pipeline’s (TAP) project financing continues to progress according to the schedule, said Ian Bradshaw, Managing Director at TAP AG. “TAP expects to secure funding from a number of multilateral institutions, such as the European Bank for Reconstruction and Development and the European Investment Bank, as well as Export Credit Guarantee Agencies of a number of OECD countries involved in the supply of goods and services,” Bradshaw said. The 870-kilometer pipeline will be connected to the Trans Anatolian Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.
Trans Adriatic Pipeline financing to include OECD ECAs
