BAKU, Azerbaijan, Jan.28
By Leman Zeynalova - Trend:
The Trans Adriatic Pipeline (TAP) will be able to transport not only natural gas, but also hydrogen in the future, Trend quoted TAP managing director Luca Schieppati as saying.
Speaking at the European Gas Virtual (EGV) digital conference, an event organized by the Oil & Gas Council, Schieppati noted that today the security of energy supplies and diversification of sources remain very important aspects and that in this context, the TAP increases the connectivity of the region still very dependent on coal.
He reiterated that natural gas remains the best partner for renewable energy.
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%).
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