Trans Adriatic Pipeline reconfirms Shah Deniz II as the initial gas source for the pipeline
The Trans Adriatic Pipeline (TAP) highlighted today that the Shah Deniz II natural gas field in Azerbaijan is the initial target of gas intended for the project.
In a joint statement, shareholders EGL, Statoil and E.ON Ruhrgas said: “The TAP pipeline is designed to cater for the volumes of gas from Shah Deniz phase two that will be exported beyond Turkey into Europe. TAP shareholders consider Caspian gas to be the initial source of supply to fill TAP’s initial capacity of 10 bcm per year. The pipeline will not transport any Iranian gas under the current political circumstances.” http://www.oxfordprospect.co.uk/TransAdriaticPipeline.html