Reuters reports that the final stage of TAP is under review in Italy, after the country’s new environment minister called the project “pointless”.
In a report from Reuters, Italian Environment Minister Sergio Costa, sworn in last Friday as part of a ruling coalition of anti-establishment parties, said Italy’s involvement in the Trans Adriatic Pipeline (TAP), the final stage of the 3500 km (2200 miles) corridor, would be reviewed along with some other major projects.
“TAP is on the table and we are looking at it as a priority” said Costa, who was nominated as minister by the coalition’s biggest party, the pro-environment 5-Star Movement.
“Given (our) energy policy, given falling gas demand, that project today looks pointless,” he added in written responses to a series of questions put to him on Tuesday and Wednesday.
A review would likely create tensions between Italy and the developers of the €4.5 billion (US$5.3 billion) TAP project, which include British oil group BP, Italy’s Snam and Spain’s Enagás.
It is unclear whether the minister’s comments will translate into action. Costa said any decision on TAP’s future would also involve other ministers.
Read the article online at: https://www.energyglobal.com/pipelines/project-news/07062018/italys-new-government-to-review-tap-gas-pipeline/