
Turkey-Italy pipeline moves to up capacity
ATHENS, February 2, 2023 – The Trans Adriatic Pipeline has entered its first phase of development to increase gas flow capacity between Turkey and Italy, the asset’s operator announced on Monday
The pipeline’s capacity currently sits at around 10 bcm (535 bcf) per year, with plans to double flows to 20 bcm (706 bcf) per year by 2027.
A bidding process for the raised volumes was completed on January 22, 2022.
Operator TAP is allocating an additional 1.2 bcm of gas per year to long-term contracts based on the expansion, which is expected to begin in January 2026.
A second bidding phase is expected in 2023.
The 878-kilometre Trans Adriatic Pipeline transports gas across Turkey, Greece, Albania and Italy from Azerbaijan’s offshore Shah Deniz field, located around 70 kilometres southeast of Baku in the Caspian Sea.
The asset is connected to the Greece-Bulgaria interconnector that began operations in October 2022.
TAP’s stakeholders are comprised of BP with 20% shares, State Oil Company of the Republic of Azerbaijan with 20% shares, Italian infrastructure company Snam with 20% shares, Belgian gas transmission operator Fluxys with a 19% stake, Spanish energy company Enagás with a 16% stake and Swiss energy company Axpo with the remaining 5% stake.
Read our latest insights on: