TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
SOCAR is a major energy company in Europe. While primarily focused on the economic interest of the people of Azerbaijan, it is an international company and manages a number of operations abroad. The company fulfills many functions among which exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate take a big part. SOCAR also markets petroleum and petrochemical products within the country as well as across a number of international markets.
Over the last decade SOCAR has expanded its operations across Switzerland, Romania, Turkey, Georgia, Ukraine, Azerbaijan and other countries. SOCAR plays a distinct role in Europe’s sustainable economic development, as it is an important energy supplier to the EU. Pioneering the Southern Gas Corridor, SOCAR makes a major contribution to European Energy Security. The company’s vision is to become a vertically integrated international energy company with advanced experience in operation efficiency, social and environmental responsibility.
BP is of one of the world's leading international oil and gas companies. We operate or market our products in more than 80 countries, employ over 85,000 people and provide our customers with fuel for transportation, energy for heating and light, retail services and petrochemicals products for everyday items.
Our interests and activities are covered in two business segments: Upstream exploration and production, and Downstream refining and marketing.
Upstream’ s activities include oil and natural gas exploration; field development and production; hydrocarbon transportation, storage and processing; and the marketing and trading of natural gas including liquefied natural gas (LNG). Downstream’ s activities involve the supply and trading, refining, manufacturing, marketing and transportation of crude oil, petroleum and petrochemicals products. Our activities in low-carbon energy, primarily focussed on biofuels, are managed through our Alternative Energy business.
Snam, a European leader in the construction and integrated management of natural gas infrastructure, operates and develops Europe’s largest, most accessible pipeline network (more than 40,000 km), the largest storage infrastructure (19 bcm capacity) and one of the first LNG terminals built in Europe.
Snam’s investments aim to facilitate the European Energy Union network integration and to promote natural gas as a key pillar of a sustainable energy mix.
With its 3,000 people, Snam is active in natural gas transportation, storage and regasification. It also operates, through associated companies, in Austria (TAG, GCA), France (TIGF), United Kingdom (Interconnector UK).
Fluxys is a Belgian-based independent gas infrastructure group. The company is a major gas transit operator and its offering combines gas transmission, gas storage and the terminalling of liquefied natural gas (LNG). Active across Europe, the company focuses on safe, efficient and sustainable operations, high-quality services designed to meet market expectations and the creation of long-term value for its shareholders.
Besides its pipeline, storage and LNG terminalling assets in Belgium (which are owned and operated by the NYSE Euronext-listed company Fluxys Belgium), Fluxys also owns shareholdings in the Interconnector and BBL pipelines linking the United Kingdom to mainland Europe, the Dunkirk LNG terminal in France, the NEL and TENP pipelines in Germany, the Transitgas pipeline in Switzerland and the Swedegas infrastructure in Sweden.
Enagás is Spain’s leading natural gas transmission company and technical manager of the Spanish gas system. In Spain it operates 11,000 km of gas pipeline, five regasification plants and three strategic storage plants.
The company is present in Mexico, Chile, Peru, TAP and Greece. In Mexico it owns 40% of the TLA Altamira regasification plant and in the development and now operation and management of gas pipelines and compressor stations, while in Chile it is the majority shareholder in the GNL Quintero terminal. The company has been present in Peru since 2014 through two strategic assets: Transportadora de Gas del Perú (TgP), with a 28.94% stake; and Compañía Operadora de Gas del Amazonas (Coga), with a 51% of its shares. Enagás is part of the consortium that acquired the 66% of the Greek gas operator DESFA.
The Axpo Group produces, trades and distributes energy reliably in Switzerland and in over 30 countries throughout Europe. Around 4,500 employees combine the expertise from 100 years of climate-friendly power production with innovative strength for a sustainable energy future. Axpo is an international leader in energy trading and in the development of tailor-made energy solutions for its customers.