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Physical gas flows, nominations at TAP’s interconnections

Oil&Gas Materials 18 October 2021 13:36 (UTC +04:00)

BAKU, Azerbaijan, Oct.18

By Leman Zeynalova – Trend:

Nominations for gas flows (entry) at Kipoi (Greece) interconnection of the Trans Adriatic Pipeline (TAP) stand at 308,906,301 kWh for Oct.18, Trend reports citing TAP’s electronic platform.

The volume of daily natural gas flows at Kipoi at the time of writing is 38,687,613 kWh.

As for Nea Mesimvria, the exit nominations for Oct.18 stood at 40,346,301 kWh each. The physical flows equaled to 5,066,989 kWh on Oct.18.

At Malendugno, the exit nominations for Oct.18 amounted to 268,560,000 kWh. The physical flows stood at 33,545,865 kWh for Oct.18.

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 percent), SOCAR (20 percent), Snam (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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