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TAP corrects Nabucco cost estimates for the Trans Adriatic Pipeline

17 November 2009

Robert Klein, Managing Director for TAP responds to RWE’s press release issued on 16.11.2009, saying “TAP’s total pipeline length is 520km. In addition, TAP will use existing pipeline infrastructure to transport gas from wellhead to market. As a result and when calculated accurately, TAP’s tariff, as well as its total cost of transport, would be lower than a 3300km new build pipeline such as Nabucco.”

Please, see a slide from the TAP's Corporate Presentation explaining why the TAP project is cost effective.