Middle East Economic Survey

VOL. LIV

No 52

26-Dec-2011

CASPIAN

TAP Open To Shareholder Restructuring After Shah Deniz 2 Decision

Kjetil Tungland, CEO of the Trans Adriatic Pipeline (TAP) consortium on 19 December told the Friends of Europe think-tank that TAP was open to the participation of any Shah Deniz 2 consortium member. TAP is viewed by some observers as the most financially viable option for the transport to Europe of the 10 bcm/year from Azerbaijans Shah Deniz Stage 2 field...