BAKU, Azerbaijan, Jan.12
By Leman Zeynalova – Trend:
By the end of December 2021, the Trans Adriatic Pipeline (TAP) transported 7.7 billion cubic meters of gas (or 8.1 standard billion cubic meters) from Azerbaijan into Europe, TAP’s commercial team told Trend.
The TAP AG consortium noted that the total amount of gas transported in 2022 will depend on the nominations made by the shippers.
“Therefore, we cannot provide an estimate, however, information about key volumes (for instance, the first 10bcm/a gas transported through TAP) will be announced on our corporate website,” said the TAP commercial team.
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.
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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