In his presentation, he highlighted key features of TAP which will contribute to the security of European energy supply, such as physical reverse flow, enhancing energy security for the SEE region, a gas storage option in Albania and expandability of the pipeline from 10 to 20 bcm. TAP Presentation.
Tungland reiterated an announcement issued by TAP shareholders last week, reconfirming that the TAP pipeline is designed to cater for the volumes of gas from Shah Deniz field (phase two) in Azerbaijan. Caspian gas will fill TAP’s initial capacity of 10 bcm per year, it will be transported from Azerbaijan to Europe. TAP will not transport any Iranian gas under the current political circumstances.
Gas Infrastructure World Caspian, is a unique forum bringing together Caspian governments, NOCs, IOCs, pipeline consortia, and major gas buyers. The forum provides a comprehensive picture of tomorrow’s gas markets: the players, risks and opportunities.
In the next few months TAP project will be presented at these events:
- Black Sea Energy and Economic Forum, organized by the Atlantic Council, Istanbul, 29 September - 1 October
- Albanian Energy Sector: Challenges and Regulation, Tirana, 7 October
- Developing European Gas Supply Infrastructure, organized by Platts, Brussels, 27-28 October
- Europe's Energy Revolution, opportunities and constraints, organized by the Friends of Europe, Brussels, 18 November