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Physical gas flows, nominations at TAP’s interconnections

Oil&Gas Materials 29 November 2021 12:15 (UTC +04:00)
Physical gas flows, nominations at TAP’s interconnections

BAKU, Azerbaijan, Nov.29

By Leman Zeynalova – Trend:

Nominations for gas flows (entry) at Kipoi (Greece) interconnection of the Trans Adriatic Pipeline (TAP) stand at 333,386,301 kWh for Nov.29, Trend reports citing TAP’s electronic platform.

At Nea Mesimvria, the exit nominations for Nov.29 and Nov.24 amounted to 40,346,301 kWh.

As for Melendugno, the exit nominations for Nov.29 stand at 243,040,000 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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