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TAP Publishes Network Code and Opens Shippers’ Registration Process

10 August 2020

Baar, Switzerland. TAP issued its Network Code, as approved by the national energy regulatory authorities of Greece, Albania and Italy. The TAP Network Code has been finalised following the public consultation launched in August 2018, and sets out rules that govern TAP’s services to customers, including shipper registration, credit support, capacity products offered, capacity booking, balancing, usage costs, etc.

TAP will be offering capacity in line with the TAP Network Code through the PRISMA capacity booking platform. The shippers’ registration process opens on 10 August 2020. Additional information required for the completion of the registration process is available on TAP’s corporate website.

Luca Schieppati, TAP Managing Director, said: “I would like to extend my thanks and appreciation to the national regulatory authorities of Greece, Albania and Italy. We look forward to our continued cooperation as the TAP project moves forward towards the start of commercial operations. By transporting new gas volumes via a new route, TAP will promote market development and enhance the interconnectivity of infrastructure in South Eastern Europe. In turn, this will facilitate gas access to the wider region, where several markets are dependent on a single source or do not have access to gas at all.”

Marija Savova, TAP Head of Commercial, added: “With the project construction phase now close to completion, preparations are underway for the start of operations. The approval and publication of the TAP Network Code and the launch of the shippers’ registration process are key milestones towards the launch of commercial operations for the last section of the Southern Gas Corridor. We look forward to engaging with our shippers and offer them reliable transmission services.”

TAP is planning to host a questions and answers session for interested parties during the first half of September. For any further questions please contact: commercial@tap-ag.com

 

ENDS

About the Trans Adriatic Pipeline (TAP)

TAP will transport natural gas from the giant Shah Deniz II field in the Azerbaijani 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.

TAP’s routing can facilitate gas supply to several South Eastern European countries. TAP’s landfall in Italy provides multiple opportunities for further transport of Caspian gas to the wider European markets.

TAP promotes economic development and job creation along the pipeline route; it is also a major source of foreign direct investment.

TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

More about TAP: www.tap-ag.com | www.twitter.com/tap_pipeline

Media Enquiries in English: media@tap-ag.com