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Azerbaijan announced the start of commercial gas supplies to Europe

Ukraine / Europe

Azerbaijan will supply more than 10 billion cubic meters of gas to Europe annually for 25 years.

Azerbaijan announced the start of commercial gas supplies to Europe

The Ministry of Energy of Azerbaijan has announced the start of commercial supplies of Azerbaijani gas via the Trans-Adriatic Gas Pipeline (TAP).

The department notes that thereby "the strategic goal in the implementation of the Southern Gas Corridor project has been achieved ".

"For 25 years, Azerbaijan will supply more than 10 billion cubic meters of gas to Europe annually, of which about 8 billion cubic meters will be received by Italy, a total of 2 billion cubic meters - Greece and Bulgaria in equal shares, the rest will be exported to neighboring markets ", - the message says.

The TAP AG consortium announced the completion of the construction of the Trans-Adriatic Gas Pipeline on October 13, 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 Italy. TAP is the latest component of the Southern Gas Corridor (SGC) project, which provides for the creation of infrastructure for the supply of Azerbaijani gas to Europe.

The gas pipeline is designed to transport natural gas from the Shah Deniz field. The throughput capacity of the gas pipeline can double its capacity, up to 20 billion cubic meters per year.

Co-owners of the project: SOCAR (20%), BP (20%), Snam (20%), Fluxys (19%), Enagas (16%) and Axpo (5%). The project cost is 4.5 billion euros. The groundbreaking ceremony for TAP took place on May 17, 2016 in Greece.

The total gas supplies through the Southern Gas Corridor are calculated at 16 billion cubic meters per year, of which 10 billion cubic meters - to Europe, another 6 billion cubic meters - to the western regions of Turkey. Deliveries to Turkey began in the summer of 2018.

МЕТАЛЛУРГПРОМ
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