Pipelines, Storage & Power

Caspian deal could facilitate TAP expansion

Progress on the legal status of the Caspian Sea could allow gas from Turkmenistan to be piped into the Southern Gas Corridor Progress on the legal status of the Caspian Sea could allow gas from Turkmenistan to be piped into the Southern Gas Corridor.
By Peter Stewart 11 July 2018 0 31685
Pipe stringing for TAP in Greece Pipe stringing for TAP in Greece. (TAP)

An agreement on the legal status of the Caspian Sea could provide impetus for expanding the throughput of southern Europe’s €4.5 billion ($5.2 billion) Trans-Adriatic Pipeline (TAP) after it is completed in 2020.

TAP is part of the $40-billion, 3,500 km Southern Gas Corridor, which will transport Caspian gas to Europe. Construction started in 2016. The pipeline will cross Northern Greece, Albania and the Adriatic Sea before connecting to the Italian gas network in Puglia. 

The 10 billion cubic metre per year TAP will be fed by...