BAKU, Azerbaijan, April 26. The volume of gas supplies to Italy via the Trans Adriatic Pipeline (TAP) stood at 2.1 billion cubic meters in the first quarter of 2022, 1.2 billion cubic meters more versus Q1 2021, Trend reports with reference to Spanish Enagas company, a TAP shareholder.
“Volumes delivered by TAP in Italy, which increase by 1.2 billion cubic meters (+140 percent) vs Q1 2021, are replacing lower gas imports from Russia, which decrease by around 1.8 bcm (-28 percent) versus Q1 2021,” 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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