Croatian company reveals volume of gas to be received via IAP (exclusive)
Baku, Azerbaijan, May 10
By Leman Zeynalova – Trend:
A half of the capacity of the Ionian Adriatic Pipeline (IAP), that is, 2.5 billion cubic meters per year refers to Croatia and further to Central and Central-Eastern Europe, a source in Croatian Plinacro Ltd. natural gas transmission system operator told Trend.
Along with the domestic production, the mentioned amount is sufficient to meet the demand of the Croatian gas market for a longer period, said the source.
IAP is a proposed natural gas pipeline in Southeastern Europe (SEE) that will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to Split in Croatia. It will be connected with the Trans Adriatic Pipeline (TAP).
IAP will provide deliveries of Azerbaijani gas to several countries of South-Eastern Europe. The capacity of the pipeline will amount to five billion cubic meters of gas per year.
TAP has already signed memorandums of understanding and cooperation with the developers of this project, in particular with companies of Plinacro (Croatia), BH-Gas (Bosnia and Herzegovina), Geoplin Plinovodi (Slovenia), as well as with the governments of Montenegro and Albania.
There has been created a TAP-IAP joint working group that gathers regularly to synchronize the timing both pipeline projects and coordinate the technical issues of interconnection.
TAP is a part of the Southern Gas Corridor, which is one of the priority energy projects for the European Union. The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.
The pipeline will connect to the Trans Anatolian Natural Gas Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.
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