First 5 bcm of natural gas transported through TAP pipeline
  • ECONOMY

  • 17:56 16 September 2021

First 5 bcm of natural gas transported through TAP pipeline

The first 5 billion cubic meters of gas was transported via the Trans-Adriatic Pipeline (TAP), which carries Azerbaijani gas to Europe, ONA-Economics reports citing TAP Consortium.

"The Trans Adriatic Pipeline (TAP) AG confirms that a total of 5 bcm of natural gas from Azerbaijan has now reached Europe via the interconnection point of Kipoi, at the Greek-Turkish border, where TAP connects to TANAP," the information reads.

Luca Schieppati, TAP Managing Director, said: “We are very pleased to reach this important milestone and consolidate TAP’s role as a reliable transmission system operator on the European energy landscape. In addition to enabling energy security and diversification across multiple markets, the gas volumes delivered via TAP support the energy transition, especially in South Eastern Europe. Moreover, as per our long-term vision, TAP will continue to pursue opportunities to transport carbon neutral energy sources, such as hydrogen, reducing emissions, in line with European Union energy transition objectives.”

TAP transports natural gas from the giant Shah Deniz field in the Azerbaijan sector of the Caspian Sea to Europe. The 878 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 will facilitate gas supplies to South Eastern European countries through prospective interconnectors. In particular, Bulgaria will be able to cover up to 33% of its total gas demand through TAP after the completion of the Interconnector Greece Bulgaria (IGB). TAP’s exits in Greece and Albania together with the landfall in Italy provide multiple opportunities for further transport of gas from Azerbaijan to the wider European markets.

As a key part of the Southern Gas Corridor, TAP is strategically and economically important to Europe and essential in providing reliable access to a new source of natural gas. TAP plays a significant role in boosting Europe’s energy security, supply diversification, as well as decarbonisation objectives.

TAP’s shareholding is comprised of bp (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

ONA

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