BAKU, Azerbaijan, Oct.3. Two more compressor stations will be needed to double the existing capacity of the Trans Adriatic Pipeline (TAP), Trend reports with reference to TAP AG consortium.
Reportedly, one of the compressor stations is needed to be built in Greece and one in Albania. Moreover, TAP consortium should upgrade two existing stations.
“However, TAP doesn’t need to lay new pipes, it is already able to accommodate 20 billion cubic meters of gas per year,” said TAP AG.
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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