Oil & Gas

TAP’s Network Code Now Published

TAP issued its Network Code, as approved by the national energy regulatory authorities of Greece, Albania and Italy. The TAP Network Code has been finalised following the public consultation launched in August 2018, and sets out rules that govern TAP’s services to customers, including shipper registration, credit support, capacity products offered, capacity booking, balancing, usage costs, etc.

TAP will be offering capacity in line with the TAP Network Code through the PRISMA capacity booking platform. The shippers’ registration process has opened on 10 August 2020. Additional information required for the completion of the registration process is available on TAP’s corporate website.

“I would like to extend my thanks and appreciation to the national regulatory authorities of Greece, Albania and Italy. We look forward to our continued cooperation as the TAP project moves forward towards the start of commercial operations. By transporting new gas volumes via a new route, TAP will promote market development and enhance the interconnectivity of infrastructure in South Eastern Europe. In turn, this will facilitate gas access to the wider region, where several markets are dependent on a single source or do not have access to gas at all,” Luca Schieppati, TAP Managing Director, said.

“With the project construction phase now close to completion, preparations are underway for the start of operations. The approval and publication of the TAP Network Code and the launch of the shippers’ registration process are key milestones towards the launch of commercial operations for the last section of the Southern Gas Corridor. We look forward to engaging with our shippers and offer them reliable transmission services,” Marija Savova, TAP Head of Commercial, added.

TAP is planning to host a questions and answers session for interested parties during the first half of September. For any further questions please contact: commercial@tap-ag.com

On June 4, 2020, the three transmission system operators – Trans Adriatic Pipeline (TAP) AG, Snam Rete Gas (SRG) and DESFA – announced that the binding bidding phase of the ongoing market test would take place in July 2021.

The pipeline is the European leg of the Southern Gas Corridor, a complex value chain of energy projects that links natural gas supplies from the second development stage of the Shah Deniz field in Azerbaijan to Europe.

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