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TAP’s shareholders
Trans Adriatic Pipeline’s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (20%) and Enagás (20%).
Shah Deniz Consortium selects the Trans Adriatic Pipeline (TAP) as European export pipeline
At a press conference held by the Shah Deniz Consortium (SDC) today in Baku, Azerbaijan, the SDC confirmed that the Trans Adriatic Pipeline has been selected to transport Shah Deniz II gas to Europe.
The Albanian Government and TAP agree the contents of a Host Government Agreement
On 18th January 2013, the Albanian Ministry of Economy, Trade and Energy and the Trans Adriatic Pipeline project (TAP) initialed a Host Government Agreement (HGA), thereby formally securing the contents of the HGA, prior to ratification in the coming months.
The big picture
As a key part of the Southern Gas Corridor, the Trans Adriatic Pipeline is strategically important to Europe and essential in providing reliable access to a new source of natural gas, while supporting the EU’s energy transition objectives.
TAP submits Third Party Access Exemptions (TPA) in Albania, Greece & Italy
TPA will allow TAP to enter into long term ship-or-pay Gas Transportation Agreements with the shippers of Shah Deniz II gas.
Prolonged Validity Period for TAP’s Exemption
The regulatory authorities in TAP’s host countries – Greece, Italy and Albania – have released a joint opinion, prolonging the validity period of TAP’s exemption from certain provisions of the EU Gas Directive. TAP’s exemption has been updated in line with the planned commencement date of Shah Deniz Phase 2 gas exports to Europe, now expected in 2020. This enables TAP to be fully aligned with...
EGL signs memorandum of understanding with Botas
EGL (TAP's shareholder) signed this week a memorandum of understanding in Ankara with Botas, a Turkish state-owned enterprise with activities in the area of oil and natural gas transport.
TAP and DESFA sign cooperation agreement
TAP and Greek natural gas transmission system operator, DESFA plan to enter into an agreement on day-to-day technical operation and maintenance for the Greek section of the TAP pipeline. Other joint activities will include the review of interconnection points with the DESFA pipeline system to further enhance security of supply and technical cooperation.
South Eastern Europe Gas Forum conclusions
On 27 October, the Trans-Adriatic Pipeline (TAP) hosted the South Eastern Europe Gas Forum in Brussels attracting more than 80 participants from businesses, governments and the European institutions to discuss improving gas supply in the region, the market and growth opportunities.
TAP Marks the Installation of the Turbo Compressors in Albania
On 8 June, TAP marked the successful installation of all three turbo compressors at its compressor station in Fier, Albania. The turbo compressors are effectively the “beating heart” of the compressor station and will play a key role in ensuring gas transportation through the pipeline system. The construction progress of the Fier compressor station is over 30% complete and more than 210 people...