The Trans-Adriatic Pipeline (TAP) plans to relaunch its procurement process this year, which will include new pre-qualifications for goods and services required by the natural gas pipeline project.
The process for procuring goods and services in the areas of engineering procurement construction and supply contracts will be relaunched and a majority of suppliers will be requested to pre-qualify. The contracts will include onshore and offshore pipeline construction services, compressor stations and pipeline receiving terminal construction, AzerNews reports.
The relaunched supply contracts will be for the procurement of steel pipes, supervisory control and data acquisition (SCADA) systems and large diameter pipeline valves. TAP will manage the contracts directly. The pipeline will also guide the companies through the tender processes.
TAP was also selected as the main route for transporting gas from the Shah Deniz consortium to Europe in late June. The first gas sales to Georgia and Turkey will be targeted for late 2018.
TAP's shareholders include BP, the State Oil Company of Azerbaijan Republic (SOCAR), Statoil, Fluxys, Total, E.ON and Axpo, Azernews reports.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme