BAKU, Azerbaijan, Feb.24
By Leman Zeynalova – Trend:
The Trans Anatolian Natural Gas Pipeline (TANAP) is able to expand its capacity at the moment, however, a decision should be made by all stakeholders, Trend quoted TANAP director general Saltuk Duzyol as saying.
“In the aftermath of the severe winter, the global energy demand has grown significantly. The rapid recovery of economies amid the easing impact of COVID-19 also led to an increase in energy demand. We expect high demand in Europe and in Turkey. In this situation, a decision should be made by all stakeholders. Both suppliers and buyers of gas should express readiness for this. There should be sale and purchase agreements for gas. TANAP is able to expand its capacity at the moment. TANAP may add 15 billion cubic meters of gas per year to its current capacity,” he said during an online press conference.
The Southern Gas Corridor, which is comprised of Shah Deniz 2, the South Caucasus Pipeline Expansion, the Trans Anatolian Natural Gas Pipeline (TANAP), and the Trans Adriatic Pipeline (TAP) became fully operational on December 31, 2020.
Trans Adriatic Pipeline (TAP) AG confirmed on Dec. 31, 2020 the commencement of gas flows from Azerbaijan. The first gas has reached Greece and Bulgaria, via the Nea Mesimvria interconnection point with DESFA, as well as Italy, via the Melendugno interconnection point with SNAM Rete Gas (SRG).
---
Follow the author on Twitter: @Lyaman_Zeyn