Politics

TAP facilitating booking virtual entry capacity of pipeline in Greece

Between October 12 November 11, 2021, Trans Adriatic Pipeline (TAP) AG is undertaking a public consultation on proposed revisions to the TAP Network Code, Report informs referring to the TAP website.

The proposed amendments, the supporting rationale for those amendments, and an estimated timeframe for implementation of those amendments are summarized in a Revision Proposal.

Stakeholders that wish to participate in the public consultation are invited to submit their comments by sending the Response Template to TAP latest by November 11, 2021, 23:59 CET, at the email address [email protected] .

“TAP’s first Network Code was published on 10 August 2020 and sets the framework for TAP’s start of commercial operations. Now, building on the experience in the year that has passed, we would like to introduce amendments, predominantly to improve and streamline the process of registration and credit management. Furthermore, acknowledging the market demand, we wish to introduce the possibility for shippers to book virtual entry capacity to TAP in Greece for potential use in combination with VTP trade or exit capacities,” said Marija Savova, TAP Head of Commercial.

TAP transports natural gas from the giant Shah Deniz field in the Azerbaijan sector of the Caspian Sea to Europe. The 878 km long pipeline connects with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border in Kipoi, crosses Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

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