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Why no Trans-Adriatic Pipeline (NO TAP), here or elsewhere

This article first appeared on the Re:Common website.

It was the end of February and the scene is Baku, the capital of Azerbaijan. During an official meeting, the Italian government was severely criticised for the considerable delays in the construction of the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor.

Azeri regime stifles criticism ahead of European Games. European lender must finally take measures.

UPDATE 1 12h CET 12 June 2015

Platform have taken to the streets of London to protest the opening of the European Games. See a video of the action below, and read more in their book published Friday, All that glitters, which explores how the European Games belong to the Aliyev regime and the British oil company BP and how sport is being co-opted in the service of a dynasty and fossil fuels.


Italian mayor stands up against EU priority gas pipeline

Local opposition against the Trans-Adriatic gas pipeline (TAP) is growing as an Italian mayor made clear in an open letter to the European Commission and European public banks.

Will energy efficiency be sidelined in the Energy Union's implementation?

EU energy ministers are meeting in Brussels today to discuss the implementation of the Energy Union. Looking at what has been discussed so far, the strategy may not prioritise energy efficiency enough to help Europe become climate-friendly.

Europe's Caspian gas dreams - a nightmare come true for human rights in Azerbaijan

As investors and officials are promoting a gas pipeline project from the Caspian Sea to Italy, the systematic repression of human rights in Azerbaijan is hardly on the official agenda. The Aliyev regime’s weakly veiled attempts to muzzle dissent illustrate how even the most repressive governments are acceptable partners for Europe’s pet energy projects.

Bankwatch fact-finding mission to Tunisia reveals major flaws in EBRD oil and gas investment

In July 2013 the EBRD approved its second loan in Tunisia, to Serinus Energy. With the EBRD investment portfolio in Tunisia standing at the end of 2014 at EUR 212 million the Serinus Energy loan represents roughly 25 percent of all EBRD loans in Tunisia to date and is the only loan to have gone to the country's natural resources and energy sector. With such a significance, therefore, surely the EBRD would make every effort to ensure that the project meets the Performance Requirements of its own Environmental and social policy (from 2008) and that it demonstrates a positive transition impact for Tunisia?

EU priority gas pipeline faces fierce opposition in Italy

The European Investment Bank recently confirmed plans to finance the Trans-Adriatic Pipeline from Greece via Albania to Italy. Yet a coalition of local mayors will do whatever it takes to stop the project.

Natural gas left, right and centre at Energy Union conference in Riga

Massive infrastructure for transporting natural gas is shaping up to be a centre piece of the Energy Union put forward by the Juncker Commission. This was also the impression Bankwatch campaigners had at an Energy Union conference in Riga last week.

European Investment Bank confirms plans to finance Trans-Adriatic Pipeline

On February 2, during the annual meeting between civil society and the European Investment Bank’s (EIB) Board of Directors, the EIB revealed that the Trans-Adriatic Pipeline (TAP) was among its priority projects for 2015 in the Balkans.[*]

The Trans-Adriatic Pipeline, planned to stretch from Greece via Albania and the Adriatic Sea to Italy, is part of the Southern Gas Corridor, a chain of projects meant to bring natural gas to Europe from the Shah Deniz offshore gas field in Azerbaijan.

EBRD-EIB role in Slovak private equity gas debacle questioned

The European Bank for Reconstruction and Development (EBRD) has revealed, in a letter of late October to Bankwatch's Slovak member group Friends of the Earth-CEPA, that the EnerCap Power Fund, a private equity investor, has pulled out of the controversial COGEN gas power plant being developed in the northern Slovakian town of Považský Chlmec.

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