(MENAFN- Trend News Agency) MILANO, Italy, July 3. The Trans Adriatic
Pipeline (TAP) met 15 percent of Italy's gas consumption in 2022,
Luca Schieppati, TAP managing director said, trend reports.
Addressing the Sustainable Future Forum, he noted that TAP can
expand its capacity in stages up to 20 billion cubic meters.
“We have already activated a first level of expansion with 1.2
billion cubic meters of additional gas available from 2026. The
strategic importance of the Southern Gas Corridor and of TAP has
been recognized in the REPowerEU plan which foresees the
intensification of cooperation with Azerbaijan and the enhancement
of TAP's capacity. With TAP we have demonstrated that strategic
energy infrastructures can be built in full respect of the
characteristics of the territories crossed,” he said.
The managing director noted that TAP's capacity expansion can
help facilitate the realization of Italy's and Europe's energy and
climate ambitions, allowing it to transport new volumes of hydrogen
and other renewable gases blended with natural gas.
“Since the beginning of commercial operations, TAP has
transported over 25 billion cubic meyers of gas to Europe, of which
over 21 billion to Italy, helping to strengthen the security of
supply,” Luca Schieppati added.
The Trans Adriatic Pipeline functions as a channel for
transporting natural gas from the extensive Shah Deniz field
situated in the Azerbaijani portion of the Caspian Sea to Europe.
Extending over a distance of 878 kilometers, the pipeline connects
with the Trans Anatolian Pipeline (TANAP) at the border between
Turkey and Greece in Kipoi. It then passes through Greece and
Albania, crosses the Adriatic Sea, and ultimately reaches the
southern shores of Italy.
By establishing links with other pipelines, TAP will facilitate
the provision of gas supplies to countries in Southeastern Europe.
Once the Interconnector Greece Bulgaria (IGB) project is finalized,
it will enable Bulgaria to fulfill up to 33% of its total gas
demand through TAP. With exit points in Greece and Albania, as well
as its arrival in Italy, TAP presents numerous opportunities for
further transporting Azerbaijani gas to wider European markets.
---
Follow the author on Twitter: @lyaman_zeyn
MENAFN03072023000187011040ID1106547407
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.