TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan. Three production divisions, two oil refineries and one gas processing plant, an oil tanker fleet, a deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions are operating as corporate entities under SOCAR.
Joint ventures (including ventures in Georgia and Turkey), consortia, and operating companies established with SOCAR's participation, are doing business in different parts of the petroleum industry. SOCAR has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Great Britain, Iran, Germany and Ukraine and trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.
BP is of one of the world's leading international oil and gas companies. We operate or market our products in more than 80 countries, employ over 85,000 people and provide our customers with fuel for transportation, energy for heating and light, retail services and petrochemicals products for everyday items.
Our interests and activities are covered in two business segments: Upstream exploration and production, and Downstream refining and marketing.
Upstream’ s activities include oil and natural gas exploration; field development and production; hydrocarbon transportation, storage and processing; and the marketing and trading of natural gas including liquefied natural gas (LNG). Downstream’ s activities involve the supply and trading, refining, manufacturing, marketing and transportation of crude oil, petroleum and petrochemicals products. Our activities in low-carbon energy, primarily focussed on biofuels, are managed through our Alternative Energy business.
Snam is one of Europe’s leading players in the construction and integrated management of natural gas infrastructure. It favours the right conditions for fair energy costs by managing the gas system efficiently, developing infrastructure and providing integrated services for the market. It promotes the integration of the European networks, including through strategic partnerships with the major industry operators along the main continental energy corridors.
Snam follows an ethical and socially responsible business model, capable of generating value for the Company and for the community in which it operates, with acknowledged professionalism and transparent dialogue with all its stakeholders, respecting the environment and the territory.
With over 6,000 employees, Snam is active in natural gas transportation, storage, regasification and city distribution. It manages a national transportation network that is more than 32,000 km long, including 8 storage facilities, 1 regasification plant and a local distribution network that covers over 55,000 km in total.
Fluxys is a Belgium-based natural gas infrastructure group operating on the European market. The company is a major gas transit operator and combines gas transmission, gas storage and terminalling of liquefied natural gas (LNG). Besides its pipeline, storage and LNG terminalling assets in Belgium, Fluxys’ partnerships include ownership in the Interconnector and BBL pipelines linking the UK with mainland Europe, the Dunkirk LNG terminal under construction in France, the NEL and TENP pipelines in Germany and the Transitgas pipeline in Switzerland.
Fluxys is convinced that gas and gas infrastructure will remain core components of an affordable energy mix for tomorrow’s low-carbon economy. To foster the integration of the European natural gas market, the group develops a cross-border infrastructure backbone linking gas sources to markets, bridging the markets and gas trading places and providing security of supply. The company focuses on safe, efficient and sustainable operations, quality services in line with market expectations and creating long-term value for its shareholders.
Enagás is Spain’s leading natural gas transmission company and technical manager of the Spanish gas system. In Spain it operates 11,000 km of gas pipeline, five regasification plants and three strategic storage plants.
The company is present in Mexico, Chile and Peru. In Mexico it owns 40% of the TLA Altamira regasification plant and is involved in the development of gas pipelines and compressor stations, while in Chile it is the majority shareholder in the GNL Quintero terminal. The company has been present in Peru since March this year, with a 20% stake in Transportadora de Gas del Perú (TgP) and 30% of Compañía Operadora de Gas del Amazonas (Coga). Also, on 30 June, the consortium made up of Enagás and Odebrecht was awarded for the approximately 1,000 km long Gasoducto del Sur Peruano project.
Axpo delivers power. In Switzerland. In Europe. Axpo is a Swiss energy company with local roots and a European focus. Axpo is 100% owned by the cantons of north-eastern Switzerland. Together with its partners, Axpo supplies electricity to around 3 million people. Axpo is active in the production, distribution and sale of electricity, as well as international energy trading. Axpo also offers innovative energy services to customers in Switzerland and Europe.