TAP capable of reaching full carrying capacity
March 18, 2022 11:15 (UTC+04:00)
By Ayya Lmahamad
TAP managing director Luca Schieppati said that currently the trans-Adriatic pipeline is capable of reaching the full transport capacity of 10 billion cubic meters per year, the TAP AG consortium reported.
“On top of that, we can add capacity through short-term auctions,” he said.
On March 17, the consortium announced that a total of 10 billion cubic meters of natural gas from Azerbaijan had entered Europe via the Kipoi interconnection point on the Greek-Turkish border, where TAP connects. to the Transanatolian Gas Pipeline (TANAP).
It should be noted that out of these 10 billion cubic meters, around 8.5 billion cubic meters were delivered to Italy.
“Ten billion cubic meters is symbolic, but it’s an important step. Just over a year into commercial operations, we have provided efficient, reliable and continuous transportation services to our shippers, making an important contribution to Europe’s energy security and supply diversification. “said Luca Schieppati.
In addition, TAP’s Chief Commercial Officer, Marija Savova, said delivering the first 10 billion cubic meters of gas to Europe improves liquidity in gas markets and strengthens TAP’s role as a carrier. reliable which can contribute significantly to the security of supply in Europe.
“TAP can double its capacity and expand in stages, up to 20 billion cubic meters within 45 to 65 months, thanks to the requests to be received during the constraining phase of a market test and the accumulated requests resulting in an economically viable outcome,” the official said.
Noting that the next binding phase is currently scheduled for July 2023, Savova said TAP can accelerate that timeline and launch the binding phase of the market test in 2022, provided TAP receives interest in an earlier start to public comment. In progress.
Azerbaijan started commercial gas supply to Europe via the Trans-Adriatic Gas Pipeline (TAP) on December 31, 2020.
TAP is part of the Southern Gas Corridor and is a gas pipeline project to transport natural gas, from Greece via Albania and the Adriatic Sea to Italy and further to Western Europe.
The pipeline is supplied with natural gas from the second stage of the development of Azerbaijan’s Shah Deniz gas field in the Azerbaijani part of the Caspian Sea via the South Caucasus Gas Pipeline and TANAP.
The total length of the pipeline is 878 km, including 550 km in Greece, 215 km in Albania, 105 km at sea and 8 km in Italy. The offshore branch is laid at a maximum depth of 810 meters.
The initial capacity of the gas pipeline is about 10 billion cubic meters of natural gas per year, with the possibility of increasing the capacity up to 20 billion cubic meters.
TAP’s shareholders are BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
Ayya Lmahamad is the journalist of AzerNews, follow her on Twitter: @AyyaLmahamad
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