BAKU, Azerbaijan, Nov.15. In total more than 9,3 billion cubic meters of gas were transported by the Trans Adriatic Pipeline (TAP) from January 2022 till the end of October 2022, TAP AG consortium told Trend November 15.
“Over 8,14 bcm were delivered to Italy and slightly over 1.1 bcm to Greece,” said the consortium.
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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