The consortium behind the planned Trans-Adriatic natural gas pipeline said it received the necessary permits to start work on the project in Albania.
The TAP consortium, led by BP, the State Oil Co. of Azerbaijan Republic, and Norway's Statoil, said the Albanian government gave the go ahead for the start of construction activities in the country.
The consortium said construction in Albania would begin next year with access roads and bridges, which will clear the way for pipeline laying and associated gas transit infrastructure in the country.
TAP said Tuesday it represents one of the largest foreign investments in Albania. Construction costs are expected to eclipse $1.3 billion.
"TAP will also support Albania in developing its domestic gas market and connections to regional gas networks," the group said.
The 540-mile pipeline is part of a European effort to add a layer of diversity to a natural gas sector that's dependent on Russia. First gas deliveries from the offshore Shah Deniz natural gas field in Azerbaijan are expected by late 2018.
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