Trans Adriatic Pipeline AG (TAP) announced Tuesday the appointments of Walter Peeraer as President and Luca Schieppati as Managing Director, both starting on 27th June 2017.
Peeraer was the former Managing Director and Board Member of Fluxys S.A, the Belgian-based European gas transmission assets management company. Within Fluxys, Peeraer also held various senior positions including Chief Executive Officer of Fluxys Belgium.
Luca Schieppati will replace the current Managing Director Ian Bradshaw, according to the announcement.
Schieppati joins TAP from Snam, Europe’s largest natural gas utility, where he has worked since 1991. His most recent position was chief industrial assets officer of Snam as well as managing director at Snam Rete Gas S.p.A, the Group’s subsidiary managing 32,500-kilometre natural gas pipeline network in Italy.
Joe Murphy, Chairman of TAP’s Board of Directors said that he is very pleased to have Luca and Walter leading TAP at this critical phase.
"With construction continuing across all three countries, the project is entering an important new phase and I’m confident that their many years of experience and deep expertise will be essential in safely and successfully delivering this project for the European gas customers," he added.
TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe.
The TAP project aims to connect the Trans Anatolian Natural gas Pipeline (TANAP) at the Greece-Turkey border and cross northern Greece, Albania and the Adriatic Sea before going onshore in southern Italy, where it will link up with the Snam-operated Italian natural gas network.
The entire project will be 878 kilometers in length with an initial capacity of 10 billion cubic meters per year to transfer Azerbaijan’s natural gas to several European markets.
By Gulsen Cagatay