(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 28. The Trans Adriatic
Pipeline has delivered over 22 billion cubic meters of gas to
Europe, said Luca Schieppati, TAP Managing Director at the European
Gas Conference, Trend reports.
“To meet the market demand, we have been close to full
utilization since mid-February 22 and we have developed commercial
products to increase short-term capacity,” he added.
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.
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