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TAP starts consultations on revising Network Code

Baku. TurkicWorld:

Trans Adriatic Pipeline (TAP) AG is conducting a public consultation on proposed revisions to the TAP Network Code from 12 July till 12 August 2024, TurkicWorld reports via the TAP AG consortium.

Stakeholders that wish to participate in the public consultation are invited to submit their comments by sending the Response Template to TAP by 12 August 2024 23:59 CET at the latest, at the email address public.consultation@tap-ag.com.

Marija Savova, TAP Head of Commercial, said that with this revision of the TAP Network Code, the consortium would like to introduce a ‘Within-Day’ product.

“This will increase the options and provide flexibility to our shippers for booking capacity in TAP, as well as for marketing the gas in the EU and the Energy Community,” she added.

TAP transports natural gas from the giant Shah Deniz field in the Azerbaijani sector of the Caspian Sea to Europe. The 877 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.

TAP facilitates gas supplies to Southeastern European countries through existing and prospective interconnectors. TAP is connected to Interconnector Greece Bulgaria (IGB) which started its commercial operations in October 2022, providing Caspian gas to Bulgaria, thereby enhancing the security of energy supplies in one more European country. TAP’s exit points in Greece and Albania, together with the landfall in Italy provide multiple opportunities for further transport of gas from Azerbaijan to the wider European markets.

As a key part of the Southern Gas Corridor, TAP is strategically and economically important to Europe and essential in providing reliable access to a new source of natural gas. TAP plays a significant role in boosting Europe’s energy security, supply diversification, as well as its decarbonisation objectives.

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