TAP announced final volumes of Azerbaijani gas supplies to Europe

The volume of Azerbaijani gas exported to Europe via the Trans-Adriatic gas pipeline (TAP) since December 31, 2020 amounted to 8.1 bcm, the TAP AG pipeline company said.

“During the year of operation of TAP, 8.1 bcm of gas was transported from Azerbaijan to Europe. Of the indicated volume, over 6.8 bcm were delivered to Italy, about 1.2 bcm – to Greece and Bulgaria,” the statement of the company.

The day before, Azerbaijani President Ilham Aliyev, in an interview with Azerbaijani media, said that in 2022, the export of Azerbaijani gas is planned in the amount of 19 bcm, of which over 8 bcm will be sent to Turkey, over 7 billion to Italy, and the rest to Georgia. Greece and Bulgaria.

In general, Azerbaijan plans to export 9 billion cubic meters of gas to Europe in 2022, and 11 billion cubic meters in 2023.Azerbaijani gas supplies via the TAP gas pipeline to consumers in Italy, Greece and Bulgaria began on December 31, 2020.

The total length of TAP is 878 km, of which 550 km passes through the northern part of Greece, 215 km through the territory of Albania, 105 km through the Adriatic Sea and 8 km through the territory of Italy. Capital expenditures for the construction of the TAP amounted to 4.5 billion euros. The groundbreaking for TAP took place on 17 May 2016 in Greece.

The gas pipeline is designed to transport 10 billion cubic meters of natural gas per year from the Shah Deniz field. The throughput capacity of the gas pipeline makes it possible to double its capacity – up to 20 bcm per year.

TAP’s shareholders are: SOCAR (20%), BP (20%), Snam (20%), Fluxys (19%), Enagas (16%) and Axpo (5%).

Caspian Barrel