BAKU, Azerbaijan, Oct.27
By Leman Zeynalova – Trend:
In line with the strategy of the Trans Adriatic Pipeline (TAP) consortium to leverage technology and drive continuous improvements, there will be several tenders in the area of digitalization, Vugar Veysalov, TAP Head of External Affairs told Trend.
TAP already has strategic contracts in place, which ensure its safe and efficient operation, he added.
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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