BAKU, Azerbaijan, May 4
By Leman Zeynalova – Trend:
The Trans Adriatic Pipeline (TAP) transported 42 percent more natural gas in April compared to March, Trend reports citing TAP AG consortium.
Aggregate March nomination stood at 4565 GWh compared to April with 6477 GWh.
As the European section of the Southern Gas Corridor, TAP has the capacity to transport approximately 10 billion cubic meters of gas per annum (bcm/a) to several markets in Europe. The pipeline is also designed with the potential to expand its throughput capacity up to 20 bcm/a.
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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