The Trans Adriatic Pipeline (TAP) project remains on track to start up commercial operations by year-end, according to Spain’s Enagás.
The company holds a 16% stake in the 878-km pipeline that will carry Azeri natural gas to Europe, as part of the so-called Southern Gas Corridor system.
“The overall progress of the (TAP) project has reached 96.4% and commercial operation start-up is expected in 4Q20,” Enagás said in its earnings presentation on Tuesday.
“Infrastructure commissioning work is progressing according to plan, with approximately 85% of the pipeline pressurized with gas, some 750 km, including sections in Greece and Albania,” it added.
TAP will provide transportation capacity from the Greece-Turkey border to Southern Italy, crossing northern Greece, Albania, and the Adriatic Sea. First gas deliveries to Italy via TAP will start by the end of the year.
The pipeline is owned by bp (20%), SOCAR (20%), Snam (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).
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