TAP reveals volume of gas to be purchased via tender

Gas Materials 1 August 2022 16:42
Baku, Azerbaijan Trend News Agency Leman Zeynalova
TAP reveals volume of gas to be purchased via tender

Trans Adriatic Pipeline AG (TAP) will shortly be inviting tenders for the supply of gas required for the operation of TAP facilities, Trend reports with reference to the consortium.

Reportedly, TAP AG will award the contract on November 11 2022. Supply period is from 1 January 2023 until 30 September 2023, extendable at TAP's option for a further period of one gas year on up to two occasions (until 30 September 2024 and 30 September 2025).

Aggregate quantities of gas tendered for delivery across the SRG IP at Melendugno and/or, the DESFA IP at Nea Mesimvria and/or TAP VTP are maximum 2,000,000 MWh per gas year and maximum 8,000 MWh per day.

Quantities of gas tendered for the Redelivery Point at Melendugno are maximum 3,410 MWh per gas year and maximum 20 MWh per day.

This is the third time that TAP is running such a tender process; the first annual ITT for gas to be used for TAP’s own operations was launched in June 2020 and the second one in May 2021.

As the European section of the Southern Gas Corridor, TAP has the capacity to transport approximately 10 billion cubic meters of gas per annum (bcm/a) to several markets in Europe. The pipeline is also designed with the potential to expand its throughput capacity up to 20 bcm/a.

TAP is strategically and economically important to Europe and essential in providing reliable access to a new source of natural gas. TAP plays a significant role in boosting Europe’s energy security, supply diversification, as well as decarbonisation objectives.

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