StatoilHydro has not participated in the open season process of Poseidon and remains fully committed to its participation in the Trans Adriatic Pipeline (TAP) where StatoilHydro is a 50 per cent owner of the Joint Venture. StatoilHydro is currently working to further mature the project and has, via the TAP Joint Venture a good dialogue with the Greek authorities in the process related to permits related to building the TAP pipeline.
As the second largest supplier of gas to Europe, StatoilHydro has a strong competence in marketing of gas and a long history and in-depth experience and expertise in building gas value chains.
For further enquiries about StatoilHydro's position in relation to TAP, please contact:
Vice President Communication for Natural Gas in StatoilHydro
Tel. +47 481 259 78