Katerina Papalexandri, TAP’s Country Manager for Greece gave an update on the pipeline’s progress in all three of its host countries, stressing the great significance of this energy project for Greece, for Europe’s South-eastern region, as well as the continent as whole.
TAP’s Country Manager for Greece, Katerina Papalexandri, speaking the SE Europe Energy Forum
The South East Energy Forum was the first of the two events, jointly organised by the American-Hellenic Chamber of Commerce and the Hellenic Association for Energy Economics (HAEE), with the participation of international representatives of the energy sector.
Members of the panel "The Future of National Gas in SE Europe | Interconnections, terminals ands LNG." From left to right: Ioannis Kopanakis, Public Power Corporation (PPC); Ioannis Arapoglou, GASTRADE; Nicola Battilana, Snam; Katerina Papalexandri, TAP AG; Dimitris Tzortzis, Public Gas Corporation of Greece (DEPA); Kostas Andriosopoulos, Hellenic Association for Energy Economics.
As part of the conversation about the future of national gas in SE Europe, Papalexandri noted in her speech that the construction of TAP is close to being concluded in Greece. This is best reflected in the development of the reinstatement process that has already been or is in the process of being completed in more than ¾ of TAP’s entire Greek route, i.e. ca. 433km. Indeed, in the eastern-most geography of the pipeline in Greece, the Eastern Macedonia and Thrace Region, the reinstatement percentage already exceeds 98%.
During her participation at the second event, the meeting organised by the Ministry of Environment and Energy entitled "Greece before the challenges of energy transition," TAP’s Country Manager for Greece focused on the project’s important contribution and legacy.
TAP is a project that really makes a difference. A €1.5 bn. direct foreign investment –one of the greatest FDIs currently implemented– it renders Greece a potential energy hub and upgrades the country geopolitically and strategically; because TAP allows for interconnections with gas transmission systems and future pipelines, while also offering access to natural gas by facilitating the development of local gas distribution networks.
Consequently, TAP contributes to key EU targets, such as the diversification of energy sources and energy collaboration, with the aim to enrich and achieve a sustainable energy mix.
Katerina Papalexandri concluded by referring to TAP’s overall operation as a "Pipeline of Good Energy" for the local communities affected by the construction of the project, for the benefit of whom a multi-million Social and Environmental Investment (SEI) programme is being implemented.