Home / Economy / Enagas: TAP Ready to Provide Capacity to Any Third Party

Enagas: TAP Ready to Provide Capacity to Any Third Party

Spain’s Enagas company, which is one of the shareholders of the Trans Adriatic Pipeline (TAP), has commented on Russian Gazprom’s intention to use the pipeline for its gas supply to Europe.

“If a shipper of any gas requests transportation capacity in TAP on the secondary market or during open season and complies with the regulatory framework, TAP will provide capacity and services to any other third party shipper,” the company told Trend Jan.26.

Earlier, deputy CEO of Russia’s Gazprom Alexander Medvedev said that the company is discussing the possibility of using Poseidon and TAP to export gas to Europe.

Federico Ermoli, Vice-President of Italy’s Snam company, which is one of TAP shareholders, said that the pipeline’s capacity can be expanded and used for delivering Russian gas to Europe.

Moreover, CEO of Fluxys Pascal De Buck told reporters on the sidelines of the European Gas Conference that “this is a very good idea”.

TAP is a part of the Southern Gas Corridor which is one of the priority energy projects for the EU. TAP project envisages transportation of gas from the Stage 2 of development of Azerbaijan’s Shah Deniz gas and condensate field to the EU countries.

The pipeline will be connected to the Trans-Anatolian Pipeline (TANAP) on the Turkish-Greek border, run through Greece, Albania and the Adriatic Sea, before coming ashore in Italy’s south.

TAP’s shareholders are: BP (20 percent), State Oil Company of Azerbaijan (20 percent), Snam (20 percent), Fluxys (19 percent), Enagas (16 percent) and Axpo (5 percent).