Economy

TAP pipeline complete

14:38, 14 October 2020 35
Trans Adriatic Pipeline Photo: tap-ag.com

After almost four and a half years since the start of construction, the Trans Adriatic Pipeline (TAP) is substantially complete, TAP Consortium reports. 


The TAP pipeline has been filled with natural gas from the Greek-Turkish border up to the pipeline receiving terminal in Southern Italy.

TAP is currently finalizing preparations for launching the commercial operations and offering capacity to the market in alignment with the adjacent TSOs.

The Interconnection Point between the TAP pipeline and the natural gas transmission system of Snam Rete Gas in Puglia (Italy) is expected to be completed and ready to transport gas by mid-November 2020.

TAP will transport natural gas from the giant Shah Deniz II field in the Azerbaijani sector of the Caspian Sea to Europe. The 878 km long pipeline connects with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border in Kipoi, crosses Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP’s routing can facilitate gas supply to several South Eastern European countries. TAP’s landfall in Italy provides multiple opportunities further to transport Caspian gas to the broader European markets.

As a vital part of the Southern Gas Corridor, TAP is strategically and economically important to Europe and essential in providing reliable access to a new natural gas source. TAP plays a significant role in boosting Europe’s energy security, supply diversification, and decarbonization objectives.

TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%), and Axpo (5%).

NEWS.ru earlier reported that by 2025, the production of liquefied natural gas (LNG) in Russia will exceed 68 million tons per year. In the future, the country’s share in the world market will reach 25 percent, Russian Energy Minister Alexander Novak said.