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