30.12.2014 Views

Caspian Report - Issue: 08 - Fall 2014

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

MANFRED HAFNER<br />

26<br />

TANAP, A PROJECTED 2,000 KM-LONG GAS PIPELINE WITH<br />

A CAPACITY OF 16 BCM/YEAR, HAS BEEN DESIGNED TO<br />

SUPPLY 6 BCM/YEAR TO TURKEY BY 2018 AND 10 BCM/<br />

YEAR TO EUROPE BY 2019.<br />

tination point in Italy, through<br />

Albania and the Adriatic Sea. 21<br />

The length of the Greek section will<br />

be 547 km, the length of the Albanian<br />

section will be 211 km and the<br />

length of the offshore pipeline section<br />

will be 105 km, at a maximum<br />

depth of 820 mt. The initial capacity<br />

of the pipeline will be about 10 bcm<br />

of gas per year, but in the future the<br />

addition of two extra compressor<br />

stations could double throughput<br />

to more than 20 bcm/year as additional<br />

energy supplies will come on<br />

stream in the wider <strong>Caspian</strong> region.<br />

The pipeline will also have the socalled<br />

“physical reverse flow” feature,<br />

allowing gas from Italy to be<br />

diverted to South East Europe if<br />

energy supplies are disrupted or<br />

more pipeline capacity is required<br />

to bring additional gas into the region.<br />

Moreover, the TAP project also<br />

includes plans to develop an underground<br />

natural gas storage facility<br />

in Albania. These features will ensure<br />

additional energy security for<br />

South-Eastern Europe.<br />

TAP’s shareholding is comprised<br />

of BP (20%), SOCAR (20%), Statoil<br />

(20%), Fluxys (16%), Total (10%),<br />

E.ON (9%) and Axpo (5%). TAP<br />

plans to commence pipeline operations<br />

in 2020, in time for first<br />

gas exports from Shah Deniz II. 22<br />

THE IMPACT OF THE SOUTHERN<br />

GAS CORRIDOR ON THE EU<br />

GAS SECURITY OF SUPPLY<br />

ARCHITECTURE<br />

The historical evolution of the Southern<br />

Gas Corridor, and particularly<br />

the rise and fall of Nabucco, clearly<br />

exemplifies how the original idea of<br />

a multilateral and large-scale project<br />

based on a variety of gas supply<br />

sources, turned out to be a bilateral<br />

and medium-scale project with only<br />

one supply source, Azerbaijan. This<br />

evolution does not completely fulfill<br />

the interest of the EU, not only be-<br />

FIGURE 2<br />

The Final Shape of the Southern Gas Corridor<br />

Source: Oil and Gas Journal (<strong>2014</strong>).<br />

21.<br />

The pipeline routing is not yet final and will be further refined in all countries.<br />

22 .<br />

See: www.trans-adriatic-pipeline.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!