BAKU, Azerbaijan, Oct.15
By Leman Zeynalova – Trend:
The Trans Adriatic Pipeline (TAP) compensated the decreasing share of imports from Norway and other LNG to Europe in the second quarter of 2021, Trend reports with reference to the European Commission’s data.
“The share of Norway was 20 percent in Q2 2021 (practically the same share as the Norwegian pipeline imports, owing to ongoing repair and maintenance works on the country’s sole LNG plant). The share of Algeria was more than 13 percent with LNG (as opposed to 10.6% only including pipeline gas) within the total extra-EU gas imports. The share of LNG was 19 percent in Q2 2021, (on the top of LNG accounted in shipments from Russia, Norway and Algeria), down from 22 percent in Q2 2020 but up from 11 percent in the previous quarter. The decreasing share of imports from Norway and other LNG between the second quarters of 2020 and 2021 was mainly compensated by the increasing shares of Algeria, and the new Trans Adriatic Pipeline (TAP) supply route,” reads the Commission’s gas market report.
The Trans Adriatic Pipeline (TAP), operational since the end of 2020, ensured around 18 TWh gas imports in the EU in the second quarter of 2021, amounting to around 1.9 percent of the total imports, said the European Commission.
“TAP provides access to Azerbaijani gas resources via the Southern Gas Corridor, an important result of the EU security of gas supply policies. In the first half of 2021, gas imports in the EU amounted to 1 824 TWh, slightly up by 0.5 percent. Russian pipeline gas was the biggest supply source (44 percent), followed from pipeline gas from Norway and LNG regasification terminals (both between 21 and 22 percent), Algerian pipeline gas (11 percent) and pipeline gas via the TAP (1.5 percent) and from Libya (1 percent),” reads the report.
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.
Follow the author on Twitter: @Lyaman_Zeyn