AUG. 9 2012 (The Conway Bulletin) – BP, Total and Socar, the Azerbaijani state energy company, agreed to fund a pipeline that will link with an energy transit route in the South Caucasus and pump gas across Albania and Greece to Italy. The pipeline, dubbed TAP, is part of an alternative gas route to the EU-backed Nabucco project.
ENDS
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(News report from Issue No. 100, published on Aug. 10 2012)