euractiv.com
Published: 28 February 2011 Updated: 02 March 2011
The Trans-Adriatic Pipeline (TAP) and Plinacro Ltd., a natural gas transmission system operator in Croatia, signed an agreement on Friday (25 February) providing for a future extension of the planned gas pipeline to Montenegro, Bosnia and Croatia.
The Memorandum of Understanding provides for cooperation with the planned Ionian Adriatic Gas Pipeline (IAP), which promoters say will result in more supply security in South-East Europe.
Plinacron, a state-owned company, operates Croatia's natural gas pipeline system. It plans to enter the new South European markets and is promoting IAP, claiming it will bring energy security and economic benefits to the region.
IAP is a planned gas pipeline project linking Albania, Montenegro, Croatia and Bosnia and Herzegovina. It is estimated to cost an eventual €230 million....more...
read more: euractiv.com
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