Azernews.Az

Sunday December 22 2024

TAP Starts Transporting First Gas

31 December 2020 14:48 (UTC+04:00)
TAP Starts Transporting First Gas

By Trend

Following the start of commercial operations on November 15, 2020, the Trans Adriatic Pipeline (TAP) AG confirmed today the commencement of gas flows from Azerbaijan. The first gas has reached Greece and Bulgaria, via the Nea Mesimvria interconnection point with DESFA, as well as Italy, via the Melendugno interconnection point with SNAM Rete Gas (SRG), Trend reports.

Luca Schieppati, TAP’s Managing Director, commented: “Today is a historic day for our project, as well as for our host countries and Europe’s energy landscape. TAP is an essential part of the continent’s gas network, contributing to the energy transition roadmap. We offer a reliable, direct and cost-effective transportation route to South East European countries and beyond.”

First gas transported via TAP

Marija Savova, TAP’s Head of Commercial, added: “The start of gas deliveries is a significant milestone for Europe’s gas market. While we look forward to providing transportation services to shippers in the upcoming months and years, we also look forward to launching the second phase of our market test in the summer, which will enable the future expansion of TAP, doubling the pipeline’s capacity to 20bcm/a.”

TAP is a Transmission System Operator, providing capacity to shippers interested in transporting natural gas to multiple markets in Europe. As a new gas import route, the Southern Gas Corridor strengthens Europe’s energy security, its market integration, as well as EU’s decarbonisation efforts.

About the Trans Adriatic Pipeline (TAP)

TAP transports natural gas from the giant Shah Deniz field in the Azerbaijan sector of the Caspian Sea to Europe. The 878 km long pipeline connects with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border in Kipoi, crosses Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP will facilitate gas supplies to South Eastern European countries through prospective interconnectors. In particular, Bulgaria will be able to cover up to 33% of its total gas demand through TAP after the completion of the Interconnector Greece Bulgaria (IGB). TAP’s exits in Greece and Albania together with the landfall in Italy provide multiple opportunities for further transport of gas from Azerbaijan to the wider European markets.

As a key part of the Southern Gas Corridor, TAP is strategically and economically important to Europe and essential in providing reliable access to a new source of natural gas. TAP plays a significant role in boosting Europe’s energy security, supply diversification, as well as decarbonisation objectives.

TAP’s shareholding is comprised of bp (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more