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Physical gas flows, nominations at TAP’s interconnections

Oil&Gas Materials 1 March 2022 12:03 (UTC +04:00)
Physical gas flows, nominations at TAP’s interconnections

BAKU, Azerbaijan, March 1

By Leman Zeynalova – Trend:

Nominations for gas flows (entry) at Kipoi (Greece) interconnection of the Trans Adriatic Pipeline (TAP) stand at 333,424,301 kWh for March 1 and 29,000,000 kWh for March 2, Trend reports citing TAP’s electronic platform.

At Nea Mesimvria, the exit nominations for March 1 amount to 40,346,301 kWh.

As for Melendugno, the exit nominations for March 1 and March 2 stand at 289,578,000 kWh and 29,000,000 kWh, respectively.

Daily physical flow at Kipoi, Nea Mesimvria and Melendugno for March 1 will be equal to 27,857,887 kWh, 3,375,868 kWh and 24,168,715 kWh, respectively.

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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