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AHI Applauds Selection of Trans Adriatic Pipeline; Demonstrates Greece’s Role as Energy Security Provider
FOR IMMEDIATE RELEASE CONTACT: Georgea Polizos
July 29, 2013—No. 47 (202) 785-8430

AHI Applauds Selection of Trans Adriatic Pipeline; Demonstrates Greece’s Role as Energy Security Provider

WASHINGTON, DC—The American Hellenic Institute (AHI) applauds the selection of the Trans Adriatic Pipeline (TAP) by the Shah Deniz Consortium of Azerbaijan.  The pipeline, which will transport gas to the European market via the Southern Gas Corridor, will start in Greece.  

“This is a major development and tremendous news for Greece,” AHI President Nick Larigakis said. “The pipeline will provide a significant direct investment to Greece and generate meaningful job growth at a time when both are greatly needed. Equally important, the decision by the Shah Deniz Consortium demonstrates confidence in Greece’s future and its role as an energy security provider.”

He added, “In addition, the pipeline will help to provide stability in the region, and energy security, which are in the best interests of the United States.  This will be emphasized when Prime Minister Samaras visits the White House on August 8.”

According to the Greek government, TAP will provide an estimated $2 billion in direct investment in Greece, 2,000 direct jobs, and an additional 10,000 jobs as a result of the selection.

TAP will connect with the Trans Anatolian Pipeline (TANAP) near the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in southern Italy.

For more about the Trans Adriatic Pipeline visit http://www.trans-adriatic-pipeline.com/. 

The American Hellenic Institute is a non-profit Greek American public policy center and think tank that works to strengthen relations between the United States and Greece and Cyprus, and within the Greek American community.  

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For additional information, please contact Georgea Polizos at (202) 785-8430 or at [email protected]. For general information about the activities of AHI, please see our Web site at http://www.ahiworld.org.