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TAP presents at the Caspian Oil and Gas conference in Baku

14 qershor 2010

Kjetil Tungland, Managing Director of TAP, presented the project at the Caspian Oil and Gas Conference in Baku, which is one of the most important industry events in the region. The conference gathered high level Azeri officials, including representatives of the Ministry of Industry and Energy and State Oil company SOCAR, as well as representatives of all major European energy companies such as E.ON, Statoil, EGL, BP, GDF Suez, and others.

All Southern Gas Corridor pipeline projects, including TAP, presented their respective projects at the conference.  Kjetil Tungland announced the recent news about E.ON Ruhrgas joining TAP and explained why TAP is the most favoured project to bringing Caspian gas to Europe. He discussed  TAP’s key advantages, including: the shortest and the least expensive route, commercial viability, technical most advanced, ability to meet needs of producers, shippers and buyers and others.

Link to the presentation 309.36 Kb

TAP’s shareholders also presented at the conference and referred to TAP in their presentations by explaining its strategic importance for their companies.

Thomas Hesselbarth, Head of Gas Development / Strategic Projects at EGL, promoted TAP by saying that it “is the best way to ensure the interests of natural gas producers and consumers, as well as to increase the export potential of the  Southern Corridor.”