TAP Reveals Gas Supply Volume Since Start
Date
11/19/2022 5:11:18 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 19. Since the start
of commercial operations, the Trans Adriatic Pipeline (TAP) has
safely transported over 18 billion cubic meters of natural gas to
Greece, Bulgaria and Italy, trend reports November 18 with reference to TAP
AG.
“TAP's capacity can be doubled in stages to further contribute
to Europe's energy security,” the consortium said.
As the European section of the Southern Gas Corridor, TAP has
the capacity to transport approximately 10 billion cubic meters of
gas per annum (bcm/a) to several markets in Europe. The pipeline is
also designed with the potential to expand its throughput capacity
up to 20 bcm/a.
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 percent), SOCAR (20
percent), Snam (20 percent), Fluxys (19 percent), Enagás (16
percent) and Axpo (5 percent).
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