(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 28. The Trans-Adriatic
Pipeline (TAP) will allocate additional 1.2 billion cubic meters of
gas from 2026, said Luca Schieppati, TAP Managing Director at the
European Gas Conference, trend reports.
“TAP recently triggered the first level of capacity expansion.
The additional 1.2 bcm to be allocated from 2026 will be the
initial phase of the process until capacity is reached to 20 bcm
per year,” he 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.
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