TAP Talks On Prospects For Biomethane Transportation (Exclusive)
Date
12/20/2024 12:09:44 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 20. The Trans
Adriatic Pipeline (TAP) could transport biomethane within its
existing infrastructure with minor technical adjustments, Luca
Schieppati, TAP managing director, said in an exclusive interview
with Trend .
"We are working closely with our shareholders, key vendors, and
the industry, as the investment in facility upgrades and the
percentage of hydrogen to be transported will likely be developed
incrementally over time to align with hydrogen market demands and
comply with relevant regulations," he said.
Schieppati recalled that during the past summer, the European
Commission's "Gas Package", a set of legislative reforms aimed at
decarbonising the EU gas market by promoting renewable and
low-carbon gases like hydrogen and biomethane, came into force. EU
Member States have up to 22 months to transpose the directive into
national law.
"However, the implementation of commercial, regulatory, and
technical elements remains to be seen, as these will ultimately
impact demand development and market efficiency. TAP could
transport biomethane within its existing infrastructure with minor
technical adjustments. We continue to monitor the development of
the biomethane legislative framework in the countries where we
operate," added TAP's managing director.
The Trans Adriatic Pipeline operates a natural gas
transportation infrastructure from the Greek border with Türkiye to
Southern Italy, enabling interested parties to market gas to
several European countries.
TAP provides a direct and cost-effective transportation route as
part of the Southern Gas Corridor, a 3,500 kilometre gas value
chain stretching from the Caspian Sea to Europe.
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