BAKU, Azerbaijan, April 26. Italy is reportedly working to include the “full expansion” of the Trans Adriatic Pipeline (increasing transport capacity from 10 bcm to 20 bcm) as a key element of its RePowerEU measures to reduce dependence on Russian gas, Trend reports with reference to Spanish Enagas, TAP shareholder.
“TAP continues to work on various alternatives to boost infrastructure expansion. The planned date for the binding phase of the current market test is July 2023, which could be brought forward to 2022 if the market so requires,” the company 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.
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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