TAP Reveals Number Of Operators Authorized To Book Its Capacity
Date
9/26/2024 8:07:10 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 26. Today, 43
transmission system operators are authorized to book capacity from
the Trans Adriatic Pipeline (TAP), Luca Schieppati, TAP's Managing
Director, said at the Italian energy Summit, Trend reports.
“Our technical and commercial attractiveness and flexibility
have been recognized by operators: today, 43 are authorized to book
capacity from the pipeline,” he said.
Schieppati noted that TAP has ensured the security of European
supplies by transporting just under 40 billion cubic meters of gas,
of which 32.8 billion cubic meters accounted for in Italy.
“It is the country's second largest import source with a share
of over 15 percent,” added the managing director.
He went on to add that TAP will increase its transport capacity
by 1.2 billion cubic meters per year from the beginning of
2026.
“This confirms the possibility of expanding capacity based on
market interest,” he added.
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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