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TAP reveals non-binding demand indications

Oil&Gas Materials 29 October 2019 13:09

BAKU, Azerbaijan, Oct.29

By Leman Zeynalova – Trend:

The consortium for construction of the Trans Adriatic Pipeline (TAP) has published Demand Assessment Report, Trend reports citing the consortium.

The aggregated non-binding demand indications received by TAP for the entry point of Kipoi are shown below:

ENTRY CAPACITY

Gas year (s)

Amount KWh/d

TAP

2020/21

1,370,000

TAP

2021/22

32,370,000

TAP

2022/23

41,980,000

TAP

2023/24-2024/25

100,062,192

TAP

2025/26-2029/30

355,230,293

TAP

2030/31- 2031/32

331,230,293

TAP

2032/33 2033

325,750,293

TAP

2033/34-2039/40

267,668,101

TAP

2040/41

85,679,060

TAP

2041/42

54,679,060

TAP

2042/43-2049/50

49,179,060

The aggregated non-binding demand indications which were received by both TAP and Snam Rete Gas (SRG) for IP Melendugno are shown below:

From Exit CAPACITY

To Entry CAPACITY

Gas year(s)

Amount kWh/d

TAP

SRG

2022/23

13,700,000

TAP

SRG

2023/24 – 2024/25

42,741,096

TAP

SRG

2025/26-2029/30

248,730,137

TAP

SRG

2030/31-2031/32

224,730,137

TAP

SRG

2032/33

211,030,137

TAP

SRG

2033/34-2039/40

181,989,041

The aggregated non-binding demand indications referring to TAP’s Forward Firm capacity received by both TAP and DESFA for IP Nea Mesimvria are shown below:

From Exit CAPACITY

To Entry CAPACITY

Gas year(s)

Amount kWh/d

TAP

DESFA

2020/21

1,370,000

TAP

DESFA

2021/22

32,370,000

TAP

DESFA

2022/23

41,980,000

TAP

DESFA

2023/24-2031/32

71,021,096

TAP

DESFA

2032/33

65,541,096

TAP

DESFA

2033/34-2040/41

36,500,000

TAP

DESFA

2041/42

5,500,000

TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.

Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.

The project is currently in its construction phase, which started in 2016.

Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.

TAP shareholders include BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent).

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Follow the author on Twitter: @Lyaman_Zeyn

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