BAKU, Azerbaijan, April 8. The Trans Adriatic Pipeline (TAP) ensured 3.2 percent of the total EU gas imports in the fourth quarter of 2021, Trend reports with reference to the European Commission.
“The Trans Adriatic Pipeline (TAP), operational since the end of 2020, ensured around 33 TWh gas imports in the EU in the fourth quarter of 2021, up from 23 TWh in the previous quarter. TAP provides access to Azerbaijani gas resources via the Southern Gas Corridor, an important result of the EU security of gas supply policies,” said the Commission.
In 2021 as whole, gas imports in the EU amounted to 3 630 TWh, slightly up, 3 579 TWh in 2020. Russian pipeline gas was the biggest supply source (41 percent), followed from pipeline gas from Norway (23.5 percent), LNG regasification terminals (20.5 percent), Algerian pipeline gas (10.5 percent) and pipeline gas via the TAP (2 percent) and from Libya (1 percent).
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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