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Athens Macedonian News Agency: News in English, 16-05-04

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Monday's Eurogroup to discuss Greek debt sustainability, according to its agenda
  • [02] TAP selects JV of Greece's Terna, Italy's Renco to build compressor stations

  • [01] Monday's Eurogroup to discuss Greek debt sustainability, according to its agenda

    Eurogroup's extraordinary meeting on May 9 (Monday) will discuss the sustainability of Greece's public debt as well as a package of reforms, according to the official agenda of the meeting published on Wednesday.

    "Discussions will cover a comprehensive package of policy reforms as well as the sustainability of Greece's public debt. Both elements need to be in place in order to finalise the programme's first review and unlock further financial assistance to Greece," the agenda notes.

    The meeting is scheduled to discuss all developments in the country's adjustment programme.

    [02] TAP selects JV of Greece's Terna, Italy's Renco to build compressor stations

    Trans Adriatic Pipeline AG (TAP) has selected a joint venture comprising of Italy's Renco S.p.A and Greece's Terna S.A. for the engineering, procurement and construction (EPC) of the project's compressor stations, the company said in a press release on Wednesday.

    In Greece, the award covers the provision of engineering, procurement, construction and commissioning of one compressor station at Kipoi, near the Greek-Turkish border, while in Albania, it will cover the provision of engineering, procurement, construction and commissioning of one compressor station at Fier, and one metering station at Billisht.

    TAP also said the construction of the compressor stations is planned to start in the second half of 2016 and it will take approximately two years to complete.

    Commenting on the awarding, TAP Managing Director, Ian Bradshaw, said the joint venture will be responsible for further securing of additional subcontractors to implement specific parts of the contract assignments, which will create additional employment and economic opportunities in the regions along the TAP route.


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