BAKU, Azerbaijan, Jan.14
By Leman Zeynalova – Trend:
The volume of natural gas transportation from Azerbaijan to Italy via the Trans Adriatic Pipeline (TAP) from December 31, 2020 to December 31, 2021 stood at 6.8 billion cubic meters, Trend reports with reference to the TAP AG consortium.
Reportedly, 1.2 billion cubic meters of the total 8.1 billion cubic meters of gas transported by TAP went to Greek and Bulgarian markets.
“We are very proud of the results achieved. During the year that has just ended, TAP transported over 8 billion cubic meters of natural gas in total safety, significantly contributing to the progressive decarbonisation and containment of the rise in energy costs in the countries it passes through. We are equally pleased to record zero accidents along the entire infrastructure, which is confirmed to be strategic for the security of supplies in Italy and Europe,” Luca Schieppati, Managing Director of TAP, said.
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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