IFLR1000

Trans Adriatic Pipeline

30/12/2018
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€ 3.9 billion

$ 4.293 billion

Announced

30/12/2018

Overview:

  • Trans Adriatic Pipeline is an 878 kilometres pipeline project that will transport natural gas from Greece via Albania and the Adriatic Sea to Italy and Western Europe.
  • The gas will originate from Shah Deniz II field in Azerbaijan.
  • In 2018, TAP obtained €3.9 billion project financing from 17 commercial banks alongside the EBRD and EIB.
  • The pipeline is expected to start operations in 2020.

Rajeeb Gurung - Researcher

Jurisdictions:

Belgium
Greece
Italy
Albania
Azerbaijan
Bosnia and Herzegovina
Croatia
Montenegro
Türkiye

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Oil and gas

Firms:
A&O Shearman

Party: Trans Adriatic Pipeline (Project developer)

Lawyers: Filip Tanghe, Helga Van Peer (retired)

BM Morrison Partners

Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Party: European Investment Bank - EIB (Lender)

Lawyer: Delara Israfilova

Boga & Associates

Party: Trans Adriatic Pipeline (Project developer)

Lawyers: Genc Boga, Sokol Elmazaj

Clifford Chance

Party: European Investment Bank - EIB (Lender)

Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Hoxha Memi & Hoxha

Party: Elettra (sub-contractor)

Niederer Kraft Frey

Party: European Investment Bank - EIB (Lender)

Party: European Bank for Reconstruction and Development (EBRD) (Lender)

Lawyer: Marco Häusermann

Wenger Vieli

Party: Trans Adriatic Pipeline (Project developer)

Lawyer: Beat Speck

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