BAKU, Azerbaijan, Feb.22. The construction of the Ionian Adriatic Pipeline (IAP) is expected to be completed by late 2025, Trend reports referring to EURACTIV.
Reportedly, EU is set to allocate a total of 7.7 million euros for the project.
Croatia, one of the participants of IAP project, will build a 180-kilometre cross-border pipeline connecting to Bosnia and Herzegovina, which should help alleviate Bosnia’s total dependence on Russian gas.
According to the initial project, a section splitting off the planned 511-kilometre Ionian Adriatic Pipeline (IAP) connecting Croatia, Montenegro, and Albania would lead from the Croatian port city of Split towards the town of Imotski and across the Bosnian border to Posušje.
Ionian Adriatic Pipeline can be connected to the Trans Adriatic Pipeline (TAP) to transport gas to many countries in South-East Europe.
The pipeline with total length of 516 kilometers will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to split in Croatia.
The capacity of the pipeline will amount to five billion cubic meters of gas per year.
TAP has already signed memorandums of understanding and cooperation with the developers of this project, in particular with companies of Plinacro (Croatia), BH-Gas (Bosnia and Herzegovina), Geoplin Plinovodi (Slovenia), as well as with the governments of Montenegro and Albania.
There has been created a TAP-IAP joint working group that gathers regularly to synchronize the timing of both pipeline projects and coordinate the technical issues of interconnection.
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