The Trans Adriatic Pipeline (TAP) has submitted its Third Party Access Exemption
(TPA) applications in all three host countries – Albania, Greece and Italy.
Third Party Exemption will allow TAP AG to enter into long term ship-or-pay Gas
Transportation Agreements (GTAs) with the shippers of Shah Deniz II gas.
These
submissions continue TAP’s applications process to obtain all necessary permits
and authorisations needed for the construction and operation of the TAP gas
pipeline.
Kjetil Tungland,
Managing Director of the Trans Adriatic Pipeline, commented: “The
fact that TAP has applied for its TPA exemptions in all three host countries
further demonstrates its continued progress and strong commitment to construct
major new gas infrastructure in Europe. TAP’s realisation will be a major step
forward in opening the Southern Gas Corridor, thereby diversifying supply and
enhancing energy security for Europe.
I am
delighted that TAP is following the necessary processes in all of the three host
countries. It is my firm belief that TAP is able to offer the Shah Deniz
Consortium the most economic and reliable solution for the export of their gas
and further demonstrates both TAP’s commitment to Greece, Italy and Albania and
our strong desire to develop TAP successfully.”
The TAP
project’s schedule is designed so that TAP is ready to commence pipeline
operations in time for first gas exports west of Turkey (expected in 2017/18)
from Shah Deniz.