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The Secondary market
Shippers may use the secondary market to trade some or all of their reserved capacity.
ESCH management construction
While it is not a statutory requirement of the host countries’ legislation to disclose the ESCH management system, TAP has disclosed this information in order to demonstrate compliance and to keep stakeholders fully informed.
Capacity booking process
Forward firm capacity is offered independently at each interconnection point. Registered parties must book forward firm capacity separately at TAP’s required entry and/or exit point(s). Subject to sufficient available capacity TAP offers forward firm capacity products, in the following order of priority, at each interconnection point: forward firm yearly capacity for each of the next 15 gas...
Usage charges
In addition to the tariff, shippers pay usage charges. Usage charges reflect the costs incurred by Trans Adriatic Pipeline in procuring fuel gas, unaccounted for gas and electric power.
Congestion management
Trans Adriatic Pipeline has implemented a range of congestion management procedures (CMP) to ensure that the use of pipeline capacity is maximised and capacity hoarding at interconnection points is prevented.
Creditworthiness assessment
To demonstrate their financial strength and viability as a shipper, to the extent required by Trans Adriatic Pipeline’s Gas Transportation Agreement, organisations applying to become registered parties must undergo a creditworthiness assessment to establish their credit limit.
Commercial dispatching
The commercial dispatching procedures cover nominations, renominations, trade notifications, matching, balancing and allocation.
Capacity products
Trans Adriatic Pipeline offers the following capacity products: forward firm capacity, forward interruptible capacity and commercial reverse capacity.
ESCH management operations
While it is not a statutory requirement of the host countries’ legislation to disclose the ESCH management system, TAP has disclosed this information in order to demonstrate compliance and to keep stakeholders fully informed.