• $
  • €
  • ₽
  • ₺
  • £

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

Youtube
Go
Similar news
Similar news
Yelo Bank updates pre-trip inspection payments: VAT option added
Business 14:33
Yelo Bank updates pre-trip inspection payments: VAT option added
Russia Caps Cash Outflows to Azerbaijan and Regional States at 1 Million Rubles
Business 14:30
Russia Caps Cash Outflows to Azerbaijan and Regional States at 1 Million Rubles
Azerbaijan’s Monetary Base Surpasses 25 Billion Manats — CBA
Business 14:00
Azerbaijan’s Monetary Base Surpasses 25 Billion Manats — CBA
Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets
Business 12:00
Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets
Oil Prices Advance on Global Exchanges: Brent Tops $105 per Barrel
Business 11:33
Oil Prices Advance on Global Exchanges: Brent Tops $105 per Barrel
Bank Respublika and AccessBank announce the successful completion of a strategic transaction
Business 11:18
Bank Respublika and AccessBank announce the successful completion of a strategic transaction
Natural Gas Futures Rise on NYMEX for December Delivery
Business 11:00
Natural Gas Futures Rise on NYMEX for December Delivery
Precious Metals Fall on NYMEX/COMEX Trading
Business 10:29
Precious Metals Fall on NYMEX/COMEX Trading
Central Bank of Azerbaijan Releases Official Exchange Rates for Today
Business 09:59
Central Bank of Azerbaijan Releases Official Exchange Rates for Today
Anews TV

Our official Youtube channel

Subscribe