BAKU, Azerbaijan, January 16. In 2024, as of twenty-two
December, the Trans Adriatic Pipeline (TAP) has transported a complete
of 11.36 billion cubic meters (bcm) of gasoline to Europe, the TAP AG
consortium instructed Pattern.
TAP AG mentioned that the pipeline equipped 9.44 bcm to Italy, 1.06
bcm to Greece, and 0.78 bcm to Bulgaria.
TAP transports pure gasoline from the enormous Shah Deniz discipline in
the Azerbaijani sector of the Caspian Sea to Europe. The 877 km
lengthy pipeline connects with the Trans Anatolian Pipeline (TANAP) at
the Turkish-Greek border in Kipoi, crosses Greece and Albania and
the Adriatic Sea, earlier than coming ashore in Southern Italy.
TAP facilitates gasoline provides to Southeastern European nations
by present and potential interconnectors. TAP is linked
to Interconnector Greece Bulgaria (IGB) which began its
business operations in October 2022, offering Caspian gasoline to
Bulgaria, thereby enhancing the safety of vitality provides in a single
extra European nation. TAP’s exit factors in Greece and Albania,
along with the landfall in Italy present a number of alternatives
for additional transport of gasoline from Azerbaijan to the broader European
markets.
As a key a part of the Southern Gasoline Hall, TAP is strategically
and economically necessary to Europe and important in offering
dependable entry to a brand new supply of pure gasoline. TAP performs a
vital function in boosting Europe’s vitality safety, provide
diversification, in addition to its decarbonisation targets.
TAP’s shareholding is comprised of bp (20%), SOCAR (20%), Snam
(20%), Fluxys (20%), Enagás (20%).
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