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Despite Climate Objections, New Southern Gas Corridor Gets €1.5bn In EU Funds

Forbes | February 7, 2018

The European Investment Bank says the Trans-Adriatic Pipeline will reduce dependence on both Russian gas and European coal. But a recent study says it could be as emissions-intensive as coal. Source: Despite Climate Objections, New Southern Gas Corrido


EU bank approves largest ever energy loan, for TAP pipeline

Euractiv | February 7, 2018

The European Investment Bank on Tuesday (6 February) approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The €1.5 billion grant will be used to bring gas from the Black Sea to the Mediterranean. Source: EU ban


bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline

| February 7, 2018

Funding decision made despite heavy pressure from environmental groups who argued that the development bank should avoid investing in major fossil fuel projects. Source: bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline


EIB funds Trans-Adriatic Pipeline despite environmental concerns

| February 7, 2018

The European Investment Bank (EIB) approved a €1.5 billion loan for the Trans-Adriatic Pipeline (TAP) on Tuesday. The project is the final section of a planned Southern Gas Corridor stretching from Azerbaijan to Italy. The Southern Gas Corridor include


Gasdotto Tap, sì al maxi prestito da 1,5 miliardi di euro dalla Banca europea degli investimenti

Repubblica.it | February 6, 2018

Nonostante le proteste nel Salento, la tabella di marcia dei lavori va comunque avanti. Le associazioni ambientaliste europee: “Un errore storico, le emissioni saranno persino maggiori del carbone” Source: Gasdotto Tap, sì al maxi prestito da 1,5 milia


Europe’s biggest fossil fuel project gets €1.5bn public loan

Climate Home News | February 6, 2018

The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historic mistake” Source: Europe’s biggest fossil fuel project gets €1.5bn public loan


Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today

Independent Balkan News Agency | February 6, 2018

In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today


TAP to Start up Early 2020: CEO

Natural Gas World | February 5, 2018

The TransAdriatic Pipeline (TAP) project is now on schedule for early 2020 start up, according to its president Walter Peeraer, in an interview with NGW that covered capacity expansion and its operating regime. Source: TAP to Start up Early 2020: CEO


European Bank Gives Go-Ahead to Controversial Georgian Dam

Eurasianet | February 5, 2018

A new dam will provide eight percent of Georgia’s electricity, but locals worry about its effect on their land. Now the project has European funding. Source: European Bank Gives Go-Ahead to Controversial Georgian Dam


Pipelinegas so schädlich wie Kohle

Klimaretter | February 3, 2018

Erdgas gilt als relativ klimafreundlich und Brücke ins postfossile Zeitalter. Doch Förderung und Transport könnten klimaschädlicher sein als die Kohleverbrennung Source: Pipelinegas so schädlich wie Kohle


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