• $
  • €
  • ₽
  • ₺
  • £

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

Facebook
Go
Similar news
Similar news
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Business 16:01
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
Business 15:37
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
SOCAR expects to disclose ACG recoverable gas volumes soon
Business 15:00
SOCAR expects to disclose ACG recoverable gas volumes soon
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
Business 14:30
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
BP says ACG annual oil output decline slows to 3%
Business 13:58
BP says ACG annual oil output decline slows to 3%
Azerbaijan central bank sets official exchange rates for November 13
Business 13:00
Azerbaijan central bank sets official exchange rates for November 13
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Business 12:30
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Business 12:29
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Business 12:00
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Anews TV

Our official Youtube channel

Subscribe