TAP Managing Director Reveals Gas Supply Volume Over Past 4 Years
Date
9/26/2024 7:10:12 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 26. The Trans
Adriatic Pipeline (TAP) has transported a total of 40 billion cubic
meters of gas over the past four years, Luca Schieppati, TAP's
Managing Director, said at the Italian energy Summit, Trend reports.
“Over the past four years, nearly 40 billion cubic meters of gas
have been transported by TAP, significantly enhancing Europe's
energy security, diversification, and transition,” he said.
The managing director pointed out that TAP is dedicated to
expanding the pipeline's capacity while supporting a sustainable
energy transition by integrating greener molecules and minimizing
our operational footprint.
TAP transports natural gas from the giant Shah Deniz field in
the Azerbaijani sector of the Caspian Sea to Europe. The 877 km
long pipeline connects with the Trans Anatolian Pipeline (TANAP) at
the Turkish-Greek border in Kipoi, crosses Greece and Albania and
the Adriatic Sea, before coming ashore in Southern Italy.
TAP facilitates gas supplies to Southeastern European countries
through existing and prospective interconnectors. TAP is connected
to Interconnector Greece Bulgaria (IGB) which started its
commercial operations in October 2022, providing Caspian gas to
Bulgaria.
TAP's shareholding is comprised of bp (20%), SOCAR (20%), Snam
(20%), Fluxys (20%), Enagás (20%).
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