BAKU, Azerbaijan, Jan.21
By Leman Zeynalova - Trend:
The consortium for construction of the Trans Adriatic Pipeline (TAP), Italian SRG (Snam Rete Gas) and Greek DESFA opened the public consultation of the draft Project Proposal, in accordance with the provisions of Article 27 CAM NC and with the Guidelines for the 2019 Market Test of Trans Adriatic Pipeline, Trend reports with reference to the consortium.
The joint public consultation lasts until 21 February 2020 (23:59 CET).
The draft proposal says that Commission Regulation (EU) 2017/459 of 16 March 2017 establishing a network code on capacity allocation mechanisms in gas transmission systems (“Regulation”, also referred to as “CAM NC” and “NC CAM”) establishes a harmonised European Union wide process for the offer of incremental capacity between Member States. EU NC CAM becomes applicable in Albania as a Contracting Party to the Energy Community Treaty from 28 February 2020.
The rules for the allocation of capacity for this Incremental Capacity Project as set out in this document also consider the specific regulatory framework of TAP according to the Final Joint Opinion (FJO) of the Energy Regulators dated 6 June 2013.
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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