BAKU, Azerbaijan, March 3
By Leman Zeynalova – Trend:
The Trans Adriatic Pipeline (TAP) has covered 20 percent of Greek gas demand in January 2022, Greek Prime Minister Kyriakos Mitsotakis said, Trend reports.
“We are strengthening the diversification of our resources. In January, Greece covered 47 percent of domestic demand with LNG from Revythousa and 20 percent through the TAP pipeline,” Mitsotakis revealed.
He noted that the goal of the government is to become an energy-autonomous and competitive country, utilizing first and foremost the rich wind and solar potential of the country, but at the same time to become a hub of energy interconnection and green transport throughout the southeastern Mediterranean.
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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