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Physical gas flows, nominations at TAP’s interconnections

Oil&Gas Materials 15 November 2021 15:11 (UTC +04:00)

BAKU, Azerbaijan, Nov.15

By Leman Zeynalova – Trend:

Nominations for gas flows (entry) at Kipoi (Greece) interconnection of the Trans Adriatic Pipeline (TAP) stand at 332,426,301 kWh for Nov.15 and 29,000,000 kWh on Nov.16, Trend reports citing TAP’s electronic platform.

The volume of daily natural gas flows at Kipoi at the time of writing is 68,585,660 kWh.

As for Nea Mesimvria, the exit nominations for Nov.15 and Nov.16 stood at 44,874,301 kWh and 3,000,000 kWh, respectively. The physical flows equaled to 9,293,184 kWh.

At Malendugno, the exit nominations for Nov.15 and Nov.16 amounted to 292,080,000 kWh and 29,000,000 kWh, respectively. The physical flows stood at 59,057,579 kWh.

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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