BP chief executive Bob Dudley has underlined the importance of the prospective TAP (Trans Adriatic Pipeline) project during a meeting with Greece’s Minister of State Nikos Pappas at the annual World Economic Forum now taking place in Davos.
Dudley, speaking to ANA-MPA (Athens News Agency-Macedonian Press Agency), described the TAP project, in which BP holds a 20 percent stake, as the biggest pipeline infrastructure project in the world at present, according to the oil giant’s knowledge.
The TAP project will carry Azeri natural gas to central Europe via Greece, Italy, Albania, Turkey, and Georgia.
The BP chief noted that the Greek government has been supportive of the plan to implement the TAP project.
“We will begin installing the pipelines for this very significant Southern Corridor project this year. It will be launched in one or two years,” Dudley remarked. “We have signed agreements with Greek firms for the construction and procurement of pipelines,” he added, noting BP supports investments in Greece.