(MENAFN- Trend News Agency)
BAKU, Azerbaijan, Dec.21. The Trans Adriatic
Pipeline (TAP) AG will be conducting a public consultation on
proposed revisions to the TAP Network Code between 20 December 2022
and 31 January 2023, Trend reports via TAP AG consortium.
The proposed revisions, the rationale for those amendments and
an estimated timeframe for implementation are summarized in a
“TAP is making efforts to continuously improve the offered
Transportation Services. In that respect, building on the
operational experience in the year that has passed, TAP wishes to
incorporate some amendments to the TAP Network Code,” said Marija
Savova, TAP's Head of Commercial.
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
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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