10 February 2012, 20:49 (GMT+04:00)

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Tariffs for gas transportation through TAP will be lower than Nabucco: TAP managing director

Azerbaijan, Baku, November 17 / Trend , A.Badalova /

Tariffs for transportation of gas through the Trans-Adriatic Pipeline (TAP) will be lower than a 3300km new build pipeline such as Nabucco," said Robert Klein, Managing Director for TAP.

This week, the German RWE Company - one of the participants to the Nabucco project - disseminated a comparative analysis of Southern Corridor project, which states that the Nabucco project is the most effective one in terms of tariffs for transportation and costs to deliver gas from the wellhead to market. According to the report of RWE, the tariffs for transportation of 1,000 cubic meters of gas per 100 kilometer of TAP is €6.2 and via Nabucco - €1.7.

According to Klein, whose words were published on the official website of TAP project, TAP's total pipeline length is 520km. "In addition, TAP will use existing pipeline infrastructure to transport gas from wellhead to market," the TAP report said.

"As a result and when calculated accurately, TAP's tariff, as well as its total cost of transport, would be lower than a 3300km new build pipeline such as Nabucco," the report said.

TAP is envisaged to transport gas from the Caspian region and the Middle East to Europe. The pipeline will begin from Greece, will pass through the territory of Albania and the Adriatic Sea onward to Italy.

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