• $
  • £

TAP prepares expansion project with investment decision possible in 2027

TAP prepares expansion project with investment decision possible in 2027
09.06.2026 12:00

The Trans Adriatic Pipeline (TAP) expects to take a final investment decision (FID) on its next expansion phase in the first quarter of 2027, Managing Director Luca Schieppati said. 

According to Schieppati, the project is currently undergoing a regulated Market Test process, allowing shippers to express interest in booking additional long-term transport capacity. The commercial outcome of that process will determine whether the expansion moves forward. 

TAP currently has an annual capacity of 10 billion cubic metres of natural gas, but its infrastructure could eventually be expanded to 20 bcm through the construction of new compressor stations and upgrades to existing facilities.


The pipeline has already completed an initial 1.2 bcm capacity increase, which entered operation in early 2026 as part of broader efforts to strengthen Europe’s energy security and expand the Southern Gas Corridor. 

The planned expansion is seen as a key component of Azerbaijan’s strategy to boost natural gas exports to Europe under the energy partnership framework agreed with the European Union.

N.Tebrizli

Similar news
Similar news
Baku Stock Exchange to place first 4 mln manat tranche of Embafinans bonds
Business 13:00
Baku Stock Exchange to place first 4 mln manat tranche of Embafinans bonds
Azerbaijan’s consolidated budget posts 4.6 billion manat surplus in first half
Business 12:30
Azerbaijan’s consolidated budget posts 4.6 billion manat surplus in first half
More than half of Azerbaijan’s budget spending went to social sector in first half
Business 12:30
More than half of Azerbaijan’s budget spending went to social sector in first half
Azerbaijan posts 2.4 billion manat budget surplus in first half
Business 12:00
Azerbaijan posts 2.4 billion manat budget surplus in first half
Natural gas prices fall on New York’s NYMEX
Business 11:30
Natural gas prices fall on New York’s NYMEX
Bank Respublika secures €22 million from EFSE to support small and medium-sized businesses in Azerbaijan
Business 11:02
Bank Respublika secures €22 million from EFSE to support small and medium-sized businesses in Azerbaijan
Global oil prices fall
Business 11:00
Global oil prices fall
Gold, silver prices rise on global commodity markets
Business 10:00
Gold, silver prices rise on global commodity markets
Dollar steady, euro and rouble strengthen against Azerbaijani manat
Business 09:30
Dollar steady, euro and rouble strengthen against Azerbaijani manat
Anews TV

Our official Youtube channel

Subscribe