TRANS ADRIATIC PIPELINE

Amid global economic instability, Azerbaijan’s mitigating role in energy crisis is rapidly increasing. With Azerbaijan and the EU agreeing on doubling the supplies of Azerbaijani gas by 2027, the country’s gas exports to Europe are expected to be 20 bcm, while this year at least 11.6 bcm is planned to be supplied. Moreover, Azerbaijan’s total gas exports this year are expected at 24 bcm.

Trans Adriatic Pipeline’s (TAP) expansion could contribute to Europe’s energy transition, Luca Schieppati, TAP Managing Director, said, addressing the Gastech Exhibition and Conference, Trend reports.

“TAP’s expansion capacity is offered to the market through regular market tests. The 2021 market test is in progress with its first binding phase taking place in November,” he noted.

Schieppati went on to add that the industry is now focused on hydrogen to achieve carbon neutrality.

At TAP, health and safety come first. It is also our commitment to contribute to improving the livelihoods and quality of life of communities along TAP’s route, across our three host countries. To that effect, Trans Adriatic Pipeline AG will provide a total of 1.5 million euros to support the fight of the health services in Greece, Albania and Italy against the COVID-19 pandemic.